Index Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
S&P 400 - Commercial Services & Supplies (Industry) (CME:SP400-202010)
Countertrend Up (+85) - SP400-202010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP400-202010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-202010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-202010
The long-term trend has been UP since Aug 10th, 2020 at 785.23
The intermediate-term trend has been UP since Nov 4th, 2020 at 860.10
The short-term trend has been DOWN since Nov 30th, 2020 at 941.48
Smart Scan Analysis for SP400-202010
Based on our trend formula, SP400-202010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||893.82||52wk High Date||2018-09-21|
|52wk Low||735.13||52wk Low Date||2018-02-09|