Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

S&P 500 Materials (Industry Group) (CME:SP500-1510)

Sidelines Mode (-55) - SP500-1510 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 SP500-1510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-1510.

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

CME_SP500-1510
Open High Low SP500-1510 Price Change
280.71 289.84 280.58 288.23 +20.37
Entry Signal

MarketClub’s Trade Triangles for SP500-1510

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 360.84

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 363.08

short term up The short-term trend has been UP since Apr 6th, 2020 at 280.94

Smart Scan Analysis for SP500-1510

Based on our trend formula, SP500-1510 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-1510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
280.71 289.84 280.58 288.23 +20.37
Prev. Close Volume Bid Ask Time
287.35 132531928 2020-04-06 16:19:38
52wk High402.0752wk High Date2018-01-26
52wk Low302.0652wk Low Date2017-12-06
Get a free daily analysis and signals for S&P 500 Materials (Industry Group) (SP500-1510) - Request Your Free Report.