Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P 500 Energy (Sector) (CME:SP500-10)
Sidelines Mode (-55) - SP500-10 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 SP500-10?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10.
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 SP500-10
The long-term trend has been DOWN since Jan 30th, 2020 at 410.74
The intermediate-term trend has been UP since Apr 7th, 2020 at 243.25
The short-term trend has been DOWN since May 29th, 2020 at 288.94
Smart Scan Analysis for SP500-10
Based on our trend formula, SP500-10 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 291.59 | 298.04 | 287.20 | 296.50 | +4.91 |
| Prev. Close | Volume | Bid | Ask | Time |
| 219.81 | 268631367 | 2020-06-01 16:19:50 |
| 52wk High | 583.43 | 52wk High Date | 2018-05-22 |
| 52wk Low | 466.92 | 52wk Low Date | 2018-11-23 |