Index Trend Analysis Report
Prepared for you on Thursday, July 9, 2020.
S&P 400 Consumer Finance (Industry) (CME:SP400-402020)
Long-Term Downtrend (-90) - SP400-402020 is in a strong downtrend that is likely to continue. While SP400-402020 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 SP400-402020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-402020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-402020
The long-term trend has been DOWN since Mar 9th, 2020 at 71.89
The intermediate-term trend has been DOWN since Jun 24th, 2020 at 60.82
The short-term trend has been DOWN since Jul 8th, 2020 at 60.51
Smart Scan Analysis for SP400-402020
Based on our trend formula, SP400-402020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||134.23||52wk High Date||2018-04-24|
|52wk Low||101.3||52wk Low Date||2018-11-20|