Index Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
S&P 500 - Retail REITs (Sub Ind) (CME:SP500-60101070)
Strong Downtrend (-100) - SP500-60101070 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP500-60101070 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-60101070?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-60101070.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-60101070
The long-term trend has been DOWN since Feb 22nd, 2022 at 97.20
The intermediate-term trend has been DOWN since Apr 29th, 2022 at 96.27
The short-term trend has been DOWN since May 19th, 2022 at 90.19
Smart Scan Analysis for SP500-60101070
Based on our trend formula, SP500-60101070 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||113.83||52wk High Date||2018-11-12|
|52wk Low||91.47||52wk Low Date||2018-04-25|