Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

S&P 500 Regional Banks (Sub Ind) (CME:SP500-40101015)

Sidelines Mode (-55) - SP500-40101015 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 SP500-40101015?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-40101015.

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

CME_SP500-40101015
Open High Low SP500-40101015 Price Change
71.68 75.25 71.16 74.86 +4.09
Entry Signal

MarketClub’s Trade Triangles for SP500-40101015

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 113.71

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 116.20

short term up The short-term trend has been UP since Apr 6th, 2020 at 67.56

Smart Scan Analysis for SP500-40101015

Based on our trend formula, SP500-40101015 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-40101015
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71.68 75.25 71.16 74.86 +4.09
Prev. Close Volume Bid Ask Time
73.10 76121106 2020-04-08 17:06:54
52wk High134.7952wk High Date2018-03-12
52wk Low103.8652wk Low Date2018-10-24
Get a free daily analysis and signals for S&P 500 Regional Banks (Sub Ind) (SP500-40101015) - Request Your Free Report.