Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
S&P 500 IT Services (Industry) (CME:SP500-451020)
Bull Market Weakness (+75) - SP500-451020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-451020 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-451020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-451020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-451020
The long-term trend has been DOWN since Feb 28th, 2020 at 483.85
The intermediate-term trend has been UP since Apr 6th, 2020 at 448.84
The short-term trend has been UP since Apr 6th, 2020 at 418.40
Smart Scan Analysis for SP500-451020
Based on our trend formula, SP500-451020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||446.86||52wk High Date||2018-09-21|
|52wk Low||349.82||52wk Low Date||2017-12-05|