Index Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
S&P 500 Pure Value (CME:SP500PV)
Long-Term Downtrend (-90) - SP500PV is in a strong downtrend that is likely to continue. While SP500PV is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500PV?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500PV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500PV
The long-term trend has been DOWN since May 20th, 2022 at 7892.17
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 7975.59
The short-term trend has been DOWN since Jun 30th, 2022 at 7565.62
Smart Scan Analysis for SP500PV
Based on our trend formula, SP500PV is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7172.88||52wk High Date||2018-01-24|
|52wk Low||6212.22||52wk Low Date||2018-10-26|