Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P 500 Energy Equipment & Services (Industry) (CME:SP500-101010)
Bear Market Rally (-75) - SP500-101010 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-101010 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP500-101010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-101010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-101010
The long-term trend has been DOWN since Feb 24th, 2020 at 218.15
The intermediate-term trend has been DOWN since Jan 9th, 2020 at 254.30
The short-term trend has been UP since Apr 2nd, 2020 at 91.84
Smart Scan Analysis for SP500-101010
Based on our trend formula, SP500-101010 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||503.71||52wk High Date||2018-01-23|
|52wk Low||300.53||52wk Low Date||2018-11-28|