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.
MarketClub’s Trade Triangles for SP500-40101015
The long-term trend has been DOWN since Feb 25th, 2020 at 113.71
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 116.20
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).
|52wk High||134.79||52wk High Date||2018-03-12|
|52wk Low||103.86||52wk Low Date||2018-10-24|