Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P 500 - Professional Services (Industry) (CME:SP500-202020)
Countertrend Up (+85) - SP500-202020 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP500-202020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-202020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-202020
The long-term trend has been UP since Apr 2nd, 2019 at 192.52
The intermediate-term trend has been UP since Nov 20th, 2019 at 214.30
The short-term trend has been DOWN since Feb 19th, 2020 at 239.28
Smart Scan Analysis for SP500-202020
Based on our trend formula, SP500-202020 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||198.32||52wk High Date||2018-09-18|
|52wk Low||162.68||52wk Low Date||2018-02-09|