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Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
S&P 500 Momentum Index (US Dollar) Gross Total Return (CME:SP500MUT)
Sidelines Mode (-55) - SP500MUT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500MUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500MUT.
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 SP500MUT
The long-term trend has been DOWN since Jan 21st, 2022 at 2203.65
The intermediate-term trend has been DOWN since Apr 12th, 2022 at 2222.34
The short-term trend has been UP since May 25th, 2022 at 2039.11
Smart Scan Analysis for SP500MUT
Based on our trend formula, SP500MUT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2079.36 | 2110.57 | 2079.36 | 2107.60 | +28.68 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2078.92 | 0 | 2022-05-27 14:12:26 |