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Index Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
S&P 500 Financials (Sector) (CME:SP500-40)
Long-Term Downtrend (-90) - SP500-40 is in a strong downtrend that is likely to continue. While SP500-40 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 SP500-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-40.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500-40
The long-term trend has been DOWN since Feb 25th, 2020 at 475.99
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 497.10
The short-term trend has been DOWN since Apr 1st, 2020 at 342.51
Smart Scan Analysis for SP500-40
Based on our trend formula, SP500-40 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 333.40 | 334.42 | 321.56 | 325.95 | -7.45 |
| Prev. Close | Volume | Bid | Ask | Time |
| 356.70 | 405198303 | 2020-04-03 17:10:00 |
| 52wk High | 503.42 | 52wk High Date | 2018-01-29 |
| 52wk Low | 414.57 | 52wk Low Date | 2017-12-06 |