Free Daily Analysis

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.

CME_SP500EW-50
Open High Low SP500EW-50 Price Change
1404.52 1430.15 1404.52 1423.85 +19.33
Entry Signal

MarketClub’s Trade Triangles for SP500EW-50

long term down The long-term trend has been DOWN since Sep 20th, 2021 at 1521.91

intermediate term down The intermediate-term trend has been DOWN since Oct 27th, 2021 at 1538.28

short term up 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).

-85
Smart Scan Analysis for SP500EW-50
Strong Downtrend Sideways 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 High1066.0552wk High Date2018-08-21
52wk Low868.3352wk Low Date2018-03-23
Get a free daily analysis and signals for S&P 500 EQUAL WEIGHTED Telecommunication Services (Sector) (SP500EW-50) - Request Your Free Report.