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Index Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

S&P 500 Consumer Staples (Sector) (TR) (CME:SP500-30TR)

Sidelines Mode (+55) - SP500-30TR 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 SP500-30TR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30TR.

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

CME_SP500-30TR
Open High Low SP500-30TR Price Change
1256.04 1263.78 1252.52 1253.02 -3.06
Entry Signal

MarketClub’s Trade Triangles for SP500-30TR

long term up The long-term trend has been UP since Jul 13th, 2020 at 1167.01

intermediate term up The intermediate-term trend has been UP since Oct 7th, 2020 at 1264.38

short term down The short-term trend has been DOWN since Oct 15th, 2020 at 1279.13

Smart Scan Analysis for SP500-30TR

Based on our trend formula, SP500-30TR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP500-30TR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1256.04 1263.78 1252.52 1253.02 -3.06
Prev. Close Volume Bid Ask Time
1255.23 0 2020-10-27 16:19:52
52wk High1059.9252wk High Date2018-01-29
52wk Low880.0552wk Low Date2018-05-03
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