Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
S&P 500 Airlines (Sub Ind) (CME:SP500-20302010)
Strong Downtrend (-100) - SP500-20302010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-20302010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20302010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-20302010
The long-term trend has been DOWN since Oct 2nd, 2019 at 308.38
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 318.05
The short-term trend has been DOWN since Mar 30th, 2020 at 171.23
Smart Scan Analysis for SP500-20302010
Based on our trend formula, SP500-20302010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||393.95||52wk High Date||2018-01-16|
|52wk Low||303.4||52wk Low Date||2018-06-28|