Index Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
S&P 400 - Diversified Support Services (Sub Ind) (CME:SP400-20201070)
Long-Term Downtrend (-90) - SP400-20201070 is in a strong downtrend that is likely to continue. While SP400-20201070 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP400-20201070?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20201070.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-20201070
The long-term trend has been DOWN since Mar 2nd, 2021 at 176.58
The intermediate-term trend has been DOWN since May 12th, 2021 at 179.68
The short-term trend has been DOWN since May 26th, 2021 at 184.05
Smart Scan Analysis for SP400-20201070
Based on our trend formula, SP400-20201070 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||362.62||52wk High Date||2018-11-29|
|52wk Low||263.27||52wk Low Date||2018-02-09|