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Index Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

S&P 500 Food Beverage & Tobacco (Industry Group) (CME:SP500-3020)

Bull Market Weakness (+75) - SP500-3020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-3020 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-3020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3020.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-3020
Open High Low SP500-3020 Price Change
628.50 641.24 623.39 637.17 +10.74
Entry Signal

MarketClub’s Trade Triangles for SP500-3020

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 677.36

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 621.70

short term up The short-term trend has been UP since Apr 6th, 2020 at 606.84

Smart Scan Analysis for SP500-3020

Based on our trend formula, SP500-3020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP500-3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
628.50 641.24 623.39 637.17 +10.74
Prev. Close Volume Bid Ask Time
608.31 90338380 2020-04-08 17:06:54
52wk High742.9452wk High Date2018-01-29
52wk Low604.6752wk Low Date2018-05-15
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