Index Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
S&P 500 EQUAL WEIGHTED Financials (Sector) (CME:SP500EW-40)
Weak Uptrend (+65) - SP500EW-40 is showing signs of weakening momentum to the upside. Monitor SP500EW-40 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500EW-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-40.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500EW-40
The long-term trend has been UP since Oct 12th, 2020 at 3646.00
The intermediate-term trend has been DOWN since Jun 14th, 2021 at 5380.63
The short-term trend has been UP since Jul 29th, 2021 at 5287.77
Smart Scan Analysis for SP500EW-40
Based on our trend formula, SP500EW-40 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4181.49||52wk High Date||2018-01-29|
|52wk Low||3412.1||52wk Low Date||2018-10-26|