Index Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
S&P 500 - Equity Real Estate Investment Trusts (REITs) (Industry) (CME:SP500-601010)
Sidelines Mode (-55) - SP500-601010 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 SP500-601010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-601010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-601010
The long-term trend has been DOWN since Feb 28th, 2020 at 228.69
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 242.62
The short-term trend has been UP since Apr 6th, 2020 at 186.22
Smart Scan Analysis for SP500-601010
Based on our trend formula, SP500-601010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).