Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
S&P 500 Capped 35/20 Information Technology Index NTR (CME:SPSVITN)
Long-Term Uptrend (+90) - SPSVITN is in a strong uptrend that is likely to continue. While SPSVITN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPSVITN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSVITN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPSVITN
The long-term trend has been UP since Jun 2nd, 2020 at 260.98
The intermediate-term trend has been UP since Nov 9th, 2020 at 323.41
The short-term trend has been UP since Jan 20th, 2021 at 346.37
Smart Scan Analysis for SPSVITN
Based on our trend formula, SPSVITN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).