Index Trend Analysis Report
Prepared for you on Wednesday, February 19, 2020.
S&P 500 Software & Services (Industry Group) (CME:SP500-4510)
Long-Term Uptrend (+90) - SP500-4510 is in a strong uptrend that is likely to continue. While SP500-4510 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500-4510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4510.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-4510
The long-term trend has been UP since Nov 12th, 2019 at 2180.46
The intermediate-term trend has been UP since Oct 15th, 2019 at 2135.47
The short-term trend has been UP since Jan 30th, 2020 at 2459.90
Smart Scan Analysis for SP500-4510
Based on our trend formula, SP500-4510 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1919.52||52wk High Date||2018-07-25|
|52wk Low||1498.67||52wk Low Date||2017-12-05|