Index Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
S&P 500 Transportation (Industry Group) (CME:SP500-2030)
Strong Downtrend (-100) - SP500-2030 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP500-2030 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-2030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-2030
The long-term trend has been DOWN since Mar 15th, 2023 at 896.98
The intermediate-term trend has been DOWN since Feb 22nd, 2023 at 926.02
The short-term trend has been DOWN since Mar 7th, 2023 at 945.56
Smart Scan Analysis for SP500-2030
Based on our trend formula, SP500-2030 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||820.95||52wk High Date||2018-09-21|
|52wk Low||653.83||52wk Low Date||2018-02-09|