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Index Trend Analysis Report
Prepared for you on Wednesday, February 19, 2020.
S&P 500 Consumer Discretionary (Sector) (CME:SP500-25)
Long-Term Uptrend (+90) - SP500-25 is in a strong uptrend that is likely to continue. While SP500-25 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500-25?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500-25
The long-term trend has been UP since Dec 19th, 2019 at 976.50
The intermediate-term trend has been UP since Jan 31st, 2020 at 1010.82
The short-term trend has been UP since Feb 19th, 2020 at 1049.13
Smart Scan Analysis for SP500-25
Based on our trend formula, SP500-25 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1047.34 | 1052.19 | 1046.81 | 1048.28 | +4.89 |
| Prev. Close | Volume | Bid | Ask | Time |
| 994.48 | 231589648 | 2020-02-19 17:05:09 |
| 52wk High | 946.29 | 52wk High Date | 2018-10-01 |
| 52wk Low | 756.85 | 52wk Low Date | 2017-12-01 |