Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
S&P 500 INDEX ANNUAL DIVIDEND INDEX Dec 2023 (CME:SDA.Z23)
Sidelines Mode (+55) - SDA.Z23 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 SDA.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for SDA.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SDA.Z23
The long-term trend has been UP since Jul 15th, 2020 at 53.80
The intermediate-term trend has been DOWN since Aug 3rd, 2020 at 51.75
The short-term trend has been UP since Aug 12th, 2020 at 50.20
Smart Scan Analysis for SDA.Z23
Based on our trend formula, SDA.Z23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).