Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P 400 Real Estate (Sector) (CME:SP400-60)
Long-Term Downtrend (-90) - SP400-60 is in a strong downtrend that is likely to continue. While SP400-60 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 SP400-60?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-60.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-60
The long-term trend has been DOWN since Feb 27th, 2020 at 233.71
The intermediate-term trend has been DOWN since Feb 25th, 2020 at 242.06
The short-term trend has been DOWN since Apr 1st, 2020 at 153.43
Smart Scan Analysis for SP400-60
Based on our trend formula, SP400-60 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||264.79||52wk High Date||2017-12-06|
|52wk Low||198.32||52wk Low Date||2018-02-12|