Index Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
S&P 500 Hotels Restaurants & Leisure (Industry) (CME:SP500-253010)
Long-Term Downtrend (-90) - SP500-253010 is in a strong downtrend that is likely to continue. While SP500-253010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-253010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-253010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-253010
The long-term trend has been DOWN since Feb 26th, 2020 at 1354.95
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 1467.61
The short-term trend has been DOWN since Mar 30th, 2020 at 946.42
Smart Scan Analysis for SP500-253010
Based on our trend formula, SP500-253010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1282.48||52wk High Date||2018-01-24|
|52wk Low||1087.94||52wk Low Date||2018-06-28|