Future Trend Analysis Report
Prepared for you on Saturday, February 22, 2020.
S&P 500 INDEX Mar 2020 (CME:SP.H20)
Bull Market Weakness (+75) - SP.H20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP.H20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP.H20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP.H20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP.H20
The long-term trend has been UP since Nov 1st, 2019 at 3009.0
The intermediate-term trend has been UP since Nov 1st, 2019 at 3009.0
The short-term trend has been DOWN since Feb 20th, 2020 at 3372.5
Smart Scan Analysis for SP.H20
Based on our trend formula, SP.H20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Contract High||2994.8||Contract High Date||2018-09-21|
|Contract Low||2666.9||Contract Low Date||2018-11-23|