Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
S&P 500 Capped 35/20 Information Technology Index TR (CME:SPSVITT)
Strong Downtrend (-100) - SPSVITT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPSVITT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPSVITT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSVITT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPSVITT
The long-term trend has been DOWN since Jan 24th, 2022 at 416.87
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 465.82
The short-term trend has been DOWN since Jan 14th, 2022 at 465.00
Smart Scan Analysis for SPSVITT
Based on our trend formula, SPSVITT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).