Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, August 14, 2020.
S&P 500 Energy (Sector) (CME:SP500-10)
Crossroads (+60) - SP500-10 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-10?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-10
The long-term trend has been DOWN since Jan 30th, 2020 at 410.74
The intermediate-term trend has been UP since Aug 11th, 2020 at 292.24
The short-term trend has been UP since Aug 5th, 2020 at 280.16
Smart Scan Analysis for SP500-10
Based on our trend formula, SP500-10 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 290.07 | 290.07 | 283.78 | 284.31 | -5.76 |
| Prev. Close | Volume | Bid | Ask | Time |
| 291.39 | 180355480 | 2020-08-13 16:20:00 |
| 52wk High | 583.43 | 52wk High Date | 2018-05-22 |
| 52wk Low | 466.92 | 52wk Low Date | 2018-11-23 |