Index Trend Analysis Report
Prepared for you on Wednesday, April 1, 2020.
S&P Total Market Index (TMI) (CME:SPTMI)
Strong Downtrend (-100) - SPTMI 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 SPTMI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPTMI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPTMI
The long-term trend has been DOWN since Feb 27th, 2020 at 3147.84
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 3336.81
The short-term trend has been DOWN since Apr 1st, 2020 at 2558.32
Smart Scan Analysis for SPTMI
Based on our trend formula, SPTMI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3091.25||52wk High Date||2017-12-06|
|52wk Low||2641.88||52wk Low Date||2018-02-09|