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.
MarketClub’s Trade Triangles for SP500-15TR
The long-term trend has been UP since Jun 2nd, 2020 at 620.62
The intermediate-term trend has been DOWN since Oct 28th, 2020 at 703.10
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).
|52wk High||669.89||52wk High Date||2018-01-26|
|52wk Low||529.95||52wk Low Date||2018-10-26|