Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P 500 Automobiles (Industry) (CME:SP500-251020)
Strong Downtrend (-100) - SP500-251020 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 SP500-251020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-251020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-251020
The long-term trend has been DOWN since Oct 2nd, 2019 at 86.06
The intermediate-term trend has been DOWN since Jan 6th, 2020 at 88.83
The short-term trend has been DOWN since Mar 30th, 2020 at 49.40
Smart Scan Analysis for SP500-251020
Based on our trend formula, SP500-251020 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||120.87||52wk High Date||2018-01-16|
|52wk Low||78.04||52wk Low Date||2018-10-24|