Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P 500 Real Estate (Industry Group) (CME:SP500-6010)
Bull Market Weakness (+75) - SP500-6010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-6010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-6010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-6010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-6010
The long-term trend has been DOWN since Feb 28th, 2020 at 229.60
The intermediate-term trend has been UP since May 26th, 2020 at 207.77
The short-term trend has been UP since May 22nd, 2020 at 200.74
Smart Scan Analysis for SP500-6010
Based on our trend formula, SP500-6010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||217.53||52wk High Date||2017-12-06|
|52wk Low||180.54||52wk Low Date||2018-02-09|