Index Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
S&P 500 Ex-Information Technology & Telecommunication Services (CME:SPXXTTSP)
Crossroads (-60) - SPXXTTSP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPXXTTSP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXXTTSP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXXTTSP
The long-term trend has been UP since Jun 5th, 2020 at 2927.60
The intermediate-term trend has been DOWN since May 19th, 2021 at 3636.06
The short-term trend has been DOWN since Jun 14th, 2021 at 3730.10
Smart Scan Analysis for SPXXTTSP
Based on our trend formula, SPXXTTSP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).