Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
S&P 500 Telecom & IT (CME:SP500TLIT)
Bull Market Weakness (+75) - SP500TLIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500TLIT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500TLIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500TLIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500TLIT
The long-term trend has been UP since Oct 26th, 2021 at 1705.26
The intermediate-term trend has been UP since Oct 18th, 2021 at 1672.42
The short-term trend has been UP since Nov 29th, 2021 at 1801.89
Smart Scan Analysis for SP500TLIT
Based on our trend formula, SP500TLIT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||857.31||52wk High Date||2018-10-03|
|52wk Low||59.19||52wk Low Date||2018-09-14|