Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P 500 Systems Software (Sub Ind) (CME:SP500-45103020)
Sidelines Mode (+55) - SP500-45103020 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 SP500-45103020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45103020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45103020
The long-term trend has been DOWN since Mar 12th, 2020 at 2682.63
The intermediate-term trend has been UP since Mar 30th, 2020 at 2894.49
The short-term trend has been DOWN since Apr 2nd, 2020 at 2724.47
Smart Scan Analysis for SP500-45103020
Based on our trend formula, SP500-45103020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2155.37||52wk High Date||2018-10-01|
|52wk Low||1545.78||52wk Low Date||2017-12-06|