Free Daily Analysis
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.
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MarketClub’s Trade Triangles for SP400
The long-term trend has been DOWN since Feb 25th, 2020 at 1965.51
The intermediate-term trend has been UP since Apr 7th, 2020 at 1509.81
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).
| 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 High | 2053.06 | 52wk High Date | 2018-08-27 |
| 52wk Low | 1769.25 | 52wk Low Date | 2018-10-29 |