Index Trend Analysis Report
Prepared for you on Wednesday, January 26, 2022.
S&P 500 Real Estate (Sector) (CME:SP500-60)
Sidelines Mode (-55) - SP500-60 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-60?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-60.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-60
The long-term trend has been UP since Nov 5th, 2021 at 304.80
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 306.32
The short-term trend has been UP since Jan 26th, 2022 at 297.41
Smart Scan Analysis for SP500-60
Based on our trend formula, SP500-60 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||217.53||52wk High Date||2017-12-06|
|52wk Low||180.54||52wk Low Date||2018-02-09|