Index Trend Analysis Report
Prepared for you on Thursday, February 27, 2020.
S&P 500 Industrials (Sector) (CME:SP500-20)
Strong Downtrend (-100) - SP500-20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-20
The long-term trend has been DOWN since Feb 25th, 2020 at 664.92
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 682.93
The short-term trend has been DOWN since Feb 14th, 2020 at 710.37
Smart Scan Analysis for SP500-20
Based on our trend formula, SP500-20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||680.89||52wk High Date||2018-01-29|
|52wk Low||563.06||52wk Low Date||2018-10-29|