Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P 500 Banks (Industry) (CME:SP500-401010)
Crossroads (+60) - SP500-401010 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 SP500-401010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-401010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-401010
The long-term trend has been DOWN since Feb 24th, 2020 at 499.21
The intermediate-term trend has been UP since May 26th, 2020 at 341.12
The short-term trend has been UP since May 18th, 2020 at 312.89
Smart Scan Analysis for SP500-401010
Based on our trend formula, SP500-401010 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||534.73||52wk High Date||2018-01-29|
|52wk Low||433.61||52wk Low Date||2018-10-24|