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Index Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

S&P 500 Airlines (Industry) (CME:SP500-203020)

Bear Market Rally (-75) - SP500-203020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-203020 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SP500-203020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-203020.

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

CME_SP500-203020
Open High Low SP500-203020 Price Change
144.66 150.73 142.27 149.23 +8.19
Entry Signal

MarketClub’s Trade Triangles for SP500-203020

long term down The long-term trend has been DOWN since Oct 2nd, 2019 at 308.38

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 318.05

short term up The short-term trend has been UP since Apr 7th, 2020 at 146.00

Smart Scan Analysis for SP500-203020

Based on our trend formula, SP500-203020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SP500-203020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
144.66 150.73 142.27 149.23 +8.19
Prev. Close Volume Bid Ask Time
164.11 192730732 2020-04-08 17:06:54
52wk High393.9552wk High Date2018-01-16
52wk Low303.452wk Low Date2018-06-28
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