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Index Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

S&P 500 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP500-4530)

Countertrend Up (+85) - SP500-4530 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP500-4530?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4530.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-4530
Open High Low SP500-4530 Price Change
1338.08 1339.17 1302.70 1308.84 -39.24
Entry Signal

MarketClub’s Trade Triangles for SP500-4530

long term up The long-term trend has been UP since Sep 12th, 2019 at 1103.05

intermediate term up The intermediate-term trend has been UP since Feb 12th, 2020 at 1342.85

short term down The short-term trend has been DOWN since Feb 21st, 2020 at 1324.92

Smart Scan Analysis for SP500-4530

Based on our trend formula, SP500-4530 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP500-4530
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1338.08 1339.17 1302.70 1308.84 -39.24
Prev. Close Volume Bid Ask Time
1248.07 198915759 2020-02-21 16:19:38
52wk High1095.2452wk High Date2018-06-07
52wk Low826.2252wk Low Date2018-11-20
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