Index Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
S&P 500 Capped 35/20 Health Care Index TR (CME:SPSVHCT)
Sidelines Mode (-55) - SPSVHCT 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 SPSVHCT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSVHCT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPSVHCT
The long-term trend has been DOWN since Oct 1st, 2021 at 664.21
The intermediate-term trend has been DOWN since Nov 23rd, 2021 at 698.37
The short-term trend has been UP since Dec 7th, 2021 at 697.03
Smart Scan Analysis for SPSVHCT
Based on our trend formula, SPSVHCT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).