Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P 500 Integrated Telecommunication Services (Sub Ind) (CME:SP500-50101020)
Bull Market Weakness (+75) - SP500-50101020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-50101020 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-50101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-50101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-50101020
The long-term trend has been DOWN since Jan 30th, 2020 at 176.89
The intermediate-term trend has been UP since May 27th, 2020 at 158.20
The short-term trend has been UP since May 18th, 2020 at 152.28
Smart Scan Analysis for SP500-50101020
Based on our trend formula, SP500-50101020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||177.02||52wk High Date||2018-02-01|
|52wk Low||145.38||52wk Low Date||2018-05-09|