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Index Trend Analysis Report

Prepared for you on Tuesday, April 7, 2020.

S&P 500 Materials (Sector) (CME:SP500-15)

Sidelines Mode (-55) - SP500-15 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 SP500-15?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15.

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

CME_SP500-15
Open High Low SP500-15 Price Change
280.62 289.87 280.48 288.23 +20.37
Entry Signal

MarketClub’s Trade Triangles for SP500-15

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 360.81

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 363.04

short term up The short-term trend has been UP since Apr 6th, 2020 at 280.95

Smart Scan Analysis for SP500-15

Based on our trend formula, SP500-15 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
280.62 289.87 280.48 288.23 +20.37
Prev. Close Volume Bid Ask Time
287.35 132531928 2020-04-06 16:19:27
52wk High402.1152wk High Date2018-01-26
52wk Low313.4752wk Low Date2018-10-26
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