Index Trend Analysis Report
Prepared for you on Friday, December 3, 2021.
S&P 500 EQUAL WEIGHTED Consumer Staples (Sector) (CME:SP500EW-30)
Strong Downtrend (-100) - SP500EW-30 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500EW-30?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-30.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500EW-30
The long-term trend has been DOWN since Aug 4th, 2021 at 5576.68
The intermediate-term trend has been DOWN since Nov 29th, 2021 at 5591.35
The short-term trend has been DOWN since Nov 26th, 2021 at 5598.18
Smart Scan Analysis for SP500EW-30
Based on our trend formula, SP500EW-30 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4892.44||52wk High Date||2018-01-29|
|52wk Low||4162.07||52wk Low Date||2018-05-03|