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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

S&P 400 (CME:SP400)

Sidelines Mode (-55) - SP400 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 SP400?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low SP400 Price Change
1767.04 1795.30 1762.03 1784.04 +20.09
Entry Signal

MarketClub’s Trade Triangles for SP400

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 1965.51

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 1509.81

short term down The short-term trend has been DOWN since May 29th, 2020 at 1742.47

Smart Scan Analysis for SP400

Based on our trend formula, SP400 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SP400
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1767.04 1795.30 1762.03 1784.04 +20.09
Prev. Close Volume Bid Ask Time
1459.15 551789531 2020-06-01 16:19:51
52wk High2053.0652wk High Date2018-08-27
52wk Low1769.2552wk Low Date2018-10-29
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