Index Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
S&P Total Market Index (TMI) Consumer Discretionary (US Dollar) (CME:SPTMTSUP)
Sidelines Mode (+55) - SPTMTSUP 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 SPTMTSUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPTMTSUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPTMTSUP
The long-term trend has been UP since Apr 5th, 2021 at 6616.53
The intermediate-term trend has been UP since Oct 15th, 2021 at 7028.35
The short-term trend has been DOWN since Nov 23rd, 2021 at 7677.58
Smart Scan Analysis for SPTMTSUP
Based on our trend formula, SPTMTSUP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4040.98||52wk High Date||2018-10-01|
|52wk Low||3322.73||52wk Low Date||2017-12-01|