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Index Trend Analysis Report

Prepared for you on Thursday, April 22, 2021.

S&P 500 (CME:SP500)

Countertrend Up (+85) - SP500 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP500?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500
Open High Low SP500 Price Change
4128.42 4175.02 4126.35 4173.42 +38.48
Entry Signal

MarketClub’s Trade Triangles for SP500

long term up The long-term trend has been UP since Jun 5th, 2020 at 3136.72

intermediate term up The intermediate-term trend has been UP since Mar 11th, 2021 at 3950.43

short term down The short-term trend has been DOWN since Apr 20th, 2021 at 4139.76

Smart Scan Analysis for SP500

Based on our trend formula, SP500 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP500
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4128.42 4175.02 4126.35 4173.42 +38.48
Prev. Close Volume Bid Ask Time
4173.42 2101637987 2021-04-21 17:13:35
52wk High2940.9152wk High Date2018-09-21
52wk Low2532.6952wk Low Date2018-02-09
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