Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
S&P 400 Diversified Financials (Industry Group) (CME:SP400-4020)
Bull Market Weakness (+75) - SP400-4020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP400-4020 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP400-4020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-4020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-4020
The long-term trend has been DOWN since Feb 28th, 2020 at 1125.59
The intermediate-term trend has been UP since Apr 7th, 2020 at 923.88
The short-term trend has been UP since Aug 3rd, 2020 at 1077.53
Smart Scan Analysis for SP400-4020
Based on our trend formula, SP400-4020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1311.41||52wk High Date||2018-03-13|
|52wk Low||1004.77||52wk Low Date||2018-10-24|