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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

S&P 500 Semiconductors (Sub Ind) (CME:SP500-45301020)

Sidelines Mode (-55) - SP500-45301020 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 SP500-45301020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45301020.

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

CME_SP500-45301020
Open High Low SP500-45301020 Price Change
1250.32 1250.46 1237.29 1244.97 -13.29
Entry Signal

MarketClub’s Trade Triangles for SP500-45301020

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 1073.63

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 1070.66

short term down The short-term trend has been DOWN since May 27th, 2020 at 1212.79

Smart Scan Analysis for SP500-45301020

Based on our trend formula, SP500-45301020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-45301020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1250.32 1250.46 1237.29 1244.97 -13.29
Prev. Close Volume Bid Ask Time
1051.27 102533552 2020-06-01 16:20:08
52wk High1076.1452wk High Date2018-06-07
52wk Low817.8852wk Low Date2018-11-20
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