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Index Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

S&P 500 Airlines (Industry) (CME:SP500-203020)

Bull Market Weakness (+75) - SP500-203020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-203020 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-203020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-203020.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-203020
Open High Low SP500-203020 Price Change
168.18 178.30 168.15 177.94 +11.81
Entry Signal

MarketClub’s Trade Triangles for SP500-203020

long term down The long-term trend has been DOWN since Oct 2nd, 2019 at 308.38

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2020 at 168.32

short term up The short-term trend has been UP since Aug 4th, 2020 at 155.48

Smart Scan Analysis for SP500-203020

Based on our trend formula, SP500-203020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP500-203020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
168.18 178.30 168.15 177.94 +11.81
Prev. Close Volume Bid Ask Time
165.87 222499757 2020-08-10 17:12:11
52wk High393.9552wk High Date2018-01-16
52wk Low303.452wk Low Date2018-06-28
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