Index Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
S&P 500 - Environmental & Facilities Services (Sub Ind) (CME:SP500-20201050)
Weak Downtrend (-65) - SP500-20201050 is showing signs of a strengthening downtrend. Monitor SP500-20201050 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-20201050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20201050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-20201050
The long-term trend has been UP since Apr 3rd, 2023 at 426.82
The intermediate-term trend has been DOWN since May 22nd, 2023 at 437.62
The short-term trend has been DOWN since May 15th, 2023 at 451.08
Smart Scan Analysis for SP500-20201050
Based on our trend formula, SP500-20201050 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||252.91||52wk High Date||2018-09-18|
|52wk Low||215.78||52wk Low Date||2018-02-09|