Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P 500 Telecommunication Services (Industry Group) (CME:SP500-5010)
Strong Downtrend (-100) - SP500-5010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-5010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-5010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-5010
The long-term trend has been DOWN since Feb 4th, 2020 at 167.60
The intermediate-term trend has been DOWN since Jan 9th, 2020 at 173.92
The short-term trend has been DOWN since Apr 1st, 2020 at 141.89
Smart Scan Analysis for SP500-5010
Based on our trend formula, SP500-5010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||169.51||52wk High Date||2018-02-01|
|52wk Low||140.36||52wk Low Date||2018-05-09|