Index Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
S&P 500 Industrials (Sector) (TR) (CME:SP500-20TR)
Weak Downtrend (-65) - SP500-20TR is showing signs of a strengthening downtrend. Monitor SP500-20TR as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP500-20TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20TR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-20TR
The long-term trend has been UP since Aug 10th, 2020 at 1076.27
The intermediate-term trend has been DOWN since Oct 27th, 2020 at 1101.56
The short-term trend has been DOWN since Oct 21st, 2020 at 1140.53
Smart Scan Analysis for SP500-20TR
Based on our trend formula, SP500-20TR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1086.05||52wk High Date||2018-10-03|
|52wk Low||909.34||52wk Low Date||2018-10-29|