Index Trend Analysis Report
Prepared for you on Sunday, October 25, 2020.
S&P 500 Consumer Discretionary (Sector) (TR) (CME:SP500-25TR)
Countertrend Up (+85) - SP500-25TR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP500-25TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25TR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-25TR
The long-term trend has been UP since Jun 1st, 2020 at 1426.43
The intermediate-term trend has been UP since Oct 5th, 2020 at 1734.62
The short-term trend has been DOWN since Oct 15th, 2020 at 1785.57
Smart Scan Analysis for SP500-25TR
Based on our trend formula, SP500-25TR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1305.09||52wk High Date||2018-10-01|
|52wk Low||1032.55||52wk Low Date||2017-12-01|