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Index Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
S&P 500 EQUAL WEIGHTED Telecommunication Services (Sector) (CME:SP500EW-50)
Countertrend Down (-85) - SP500EW-50 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP500EW-50?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-50.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500EW-50
The long-term trend has been DOWN since Sep 20th, 2021 at 1521.91
The intermediate-term trend has been DOWN since Oct 27th, 2021 at 1538.28
The short-term trend has been UP since Dec 6th, 2021 at 1429.75
Smart Scan Analysis for SP500EW-50
Based on our trend formula, SP500EW-50 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1404.52 | 1430.15 | 1404.52 | 1423.85 | +19.33 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1404.52 | 0 | 2021-12-06 16:19:55 |
| 52wk High | 1066.05 | 52wk High Date | 2018-08-21 |
| 52wk Low | 868.33 | 52wk Low Date | 2018-03-23 |