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Index Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

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

Weak Downtrend (-65) - SP500-15TR is showing signs of a strengthening downtrend. Monitor SP500-15TR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-15TR?

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

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

CME_SP500-15TR
Open High Low SP500-15TR Price Change
694.12 697.50 685.81 690.72 -17.43
Entry Signal

MarketClub’s Trade Triangles for SP500-15TR

long term up The long-term trend has been UP since Jun 2nd, 2020 at 620.62

intermediate term down The intermediate-term trend has been DOWN since Oct 28th, 2020 at 703.10

short term down The short-term trend has been DOWN since Oct 26th, 2020 at 719.27

Smart Scan Analysis for SP500-15TR

Based on our trend formula, SP500-15TR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-15TR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
694.12 697.50 685.81 690.72 -17.43
Prev. Close Volume Bid Ask Time
734.42 0 2020-10-28 12:58:17
52wk High669.8952wk High Date2018-01-26
52wk Low529.9552wk Low Date2018-10-26
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