Index Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
S&P 500 Automobiles & Components (Industry Group) (CME:SP500-2510)
Bull Market Weakness (+75) - SP500-2510 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-2510 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-2510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2510.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-2510
The long-term trend has been DOWN since Oct 2nd, 2019 at 108.73
The intermediate-term trend has been UP since May 19th, 2020 at 78.74
The short-term trend has been UP since Jun 3rd, 2020 at 87.08
Smart Scan Analysis for SP500-2510
Based on our trend formula, SP500-2510 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||152.84||52wk High Date||2018-01-16|
|52wk Low||101.04||52wk Low Date||2018-10-24|