Index Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
S&P 400 Energy (Sector) (CME:SP400-10)
Countertrend Down (-85) - SP400-10 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP400-10?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-10.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-10
The long-term trend has been DOWN since Jan 30th, 2020 at 200.62
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 238.62
The short-term trend has been UP since Mar 25th, 2020 at 81.68
Smart Scan Analysis for SP400-10
Based on our trend formula, SP400-10 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||530.69||52wk High Date||2018-10-09|
|52wk Low||345.5||52wk Low Date||2018-02-09|