Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P 400 Industrials (Sector) (CME:SP400-20)
Long-Term Downtrend (-90) - SP400-20 is in a strong downtrend that is likely to continue. While SP400-20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP400-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-20
The long-term trend has been DOWN since Feb 25th, 2020 at 1081.66
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 1128.48
The short-term trend has been DOWN since Apr 1st, 2020 at 767.97
Smart Scan Analysis for SP400-20
Based on our trend formula, SP400-20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1086.19||52wk High Date||2018-09-21|
|52wk Low||888.84||52wk Low Date||2018-10-29|