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Index Trend Analysis Report

Prepared for you on Thursday, April 9, 2020.

S&P 500 (CME:SP500)

Bull Market Weakness (+75) - SP500 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500.

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

CME_SP500
Open High Low SP500 Price Change
2685.00 2760.75 2663.30 2749.98 +90.57
Entry Signal

MarketClub’s Trade Triangles for SP500

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 3050.72

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 2641.39

short term up The short-term trend has been UP since Apr 6th, 2020 at 2538.18

Smart Scan Analysis for SP500

Based on our trend formula, SP500 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP500
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2685.00 2760.75 2663.30 2749.98 +90.57
Prev. Close Volume Bid Ask Time
2626.65 0 2020-04-08 17:06:54
52wk High2940.9152wk High Date2018-09-21
52wk Low2532.6952wk Low Date2018-02-09
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