Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
S&P 500 Oil & Gas Storage & Transportation (Sub Ind) (CME:SP500-10102040)
Bull Market Weakness (+75) - SP500-10102040 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-10102040 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-10102040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10102040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-10102040
The long-term trend has been DOWN since Feb 27th, 2020 at 179.13
The intermediate-term trend has been UP since Apr 9th, 2020 at 114.44
The short-term trend has been UP since May 26th, 2020 at 135.44
Smart Scan Analysis for SP500-10102040
Based on our trend formula, SP500-10102040 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||198.93||52wk High Date||2018-01-16|
|52wk Low||156.24||52wk Low Date||2018-04-03|