Index Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
S&P 500 Consumer Services (Industry Group) (CME:SP500-2530)
Sidelines Mode (-55) - SP500-2530 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-2530?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2530.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-2530
The long-term trend has been DOWN since Feb 26th, 2020 at 1202.31
The intermediate-term trend has been DOWN since May 14th, 2020 at 911.38
The short-term trend has been UP since May 18th, 2020 at 947.62
Smart Scan Analysis for SP500-2530
Based on our trend formula, SP500-2530 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1140.09||52wk High Date||2018-01-24|
|52wk Low||966.76||52wk Low Date||2018-06-28|