Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
S&P 500 Software (Industry) (CME:SP500-451030)
Bull Market Weakness (+75) - SP500-451030 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-451030 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-451030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-451030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-451030
The long-term trend has been DOWN since Mar 12th, 2020 at 2617.35
The intermediate-term trend has been UP since Mar 31st, 2020 at 2797.04
The short-term trend has been UP since Apr 6th, 2020 at 2686.97
Smart Scan Analysis for SP500-451030
Based on our trend formula, SP500-451030 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2180.19||52wk High Date||2018-10-01|
|52wk Low||1549.04||52wk Low Date||2017-12-06|