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Index Trend Analysis Report

Prepared for you on Monday, May 25, 2020.

SPDR S&P 500 ETF Trust (GIF:SPY)

Crossroads (+60) - SPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

GIF_SPY
Open High Low SPY Price Change
297.01 297.01 293.33 295.46 +0.74
Entry Signal

MarketClub’s Trade Triangles for SPY

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 303.22

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 271.49

short term up The short-term trend has been UP since May 18th, 2020 at 292.62

Smart Scan Analysis for SPY

Based on our trend formula, SPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
297.01 297.01 293.33 295.46 +0.74
Prev. Close Volume Bid Ask Time
261.82 0 2020-05-22 19:13:17
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