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Index Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

S&P 500 Telecommunication Services (Sector) (CME:SP500-50)

Long-Term Downtrend (-90) - SP500-50 is in a strong downtrend that is likely to continue. While SP500-50 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 SP500-50?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-50.

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

CME_SP500-50
Open High Low SP500-50 Price Change
147.07 147.10 142.07 143.84 -3.23
Entry Signal

MarketClub’s Trade Triangles for SP500-50

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 171.82

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 182.84

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 145.35

Smart Scan Analysis for SP500-50

Based on our trend formula, SP500-50 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP500-50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
147.07 147.10 142.07 143.84 -3.23
Prev. Close Volume Bid Ask Time
151.13 253960459 2020-04-03 17:10:00
52wk High169.6652wk High Date2018-02-01
52wk Low140.3452wk Low Date2018-05-09
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