Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P 500 Health Care (Sector) (CME:SP500-35)
Crossroads (+60) - SP500-35 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-35?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-35.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-35
The long-term trend has been UP since Oct 30th, 2019 at 1093.06
The intermediate-term trend has been DOWN since Jan 30th, 2020 at 1175.34
The short-term trend has been DOWN since Feb 14th, 2020 at 1205.74
Smart Scan Analysis for SP500-35
Based on our trend formula, SP500-35 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1112.21||52wk High Date||2018-10-01|
|52wk Low||912.01||52wk Low Date||2018-04-02|