Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P 500 Consumer Durables & Apparel (Industry Group) (CME:SP500-2520)
Crossroads (-60) - SP500-2520 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-2520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-2520
The long-term trend has been UP since Aug 28th, 2019 at 341.64
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 368.01
The short-term trend has been DOWN since Feb 18th, 2020 at 370.99
Smart Scan Analysis for SP500-2520
Based on our trend formula, SP500-2520 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||356.82||52wk High Date||2018-08-22|
|52wk Low||288.91||52wk Low Date||2018-10-26|