Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P 400 Oil, Gas & Consumable Fuels (Industry) (CME:SP400-101020)
Bear Market Rally (-75) - SP400-101020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP400-101020 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP400-101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-101020
The long-term trend has been DOWN since Jan 30th, 2020 at 231.03
The intermediate-term trend has been DOWN since Jan 17th, 2020 at 275.75
The short-term trend has been UP since Feb 19th, 2020 at 228.64
Smart Scan Analysis for SP400-101020
Based on our trend formula, SP400-101020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||567.08||52wk High Date||2018-10-09|
|52wk Low||346.69||52wk Low Date||2018-02-09|