Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P 500 Technology Hardware, Storage & Peripherals (Sub Ind) (CME:SP500-45202030)
Long-Term Downtrend (-90) - SP500-45202030 is in a strong downtrend that is likely to continue. While SP500-45202030 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-45202030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45202030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45202030
The long-term trend has been DOWN since Mar 12th, 2020 at 292.62
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 343.29
The short-term trend has been DOWN since Apr 1st, 2020 at 278.60
Smart Scan Analysis for SP500-45202030
Based on our trend formula, SP500-45202030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||273.6076||52wk High Date||2018-10-03|
|52wk Low||182.5735||52wk Low Date||2018-02-09|