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Index Trend Analysis Report

Prepared for you on Wednesday, August 5, 2020.

S&P 500 Airlines (Sub Ind) (CME:SP500-20302010)

Sidelines Mode (-55) - SP500-20302010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-20302010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20302010.

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

Open High Low SP500-20302010 Price Change
158.45 165.12 156.51 163.69 +8.36
Entry Signal

MarketClub’s Trade Triangles for SP500-20302010

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

intermediate term down The intermediate-term trend has been DOWN since Jul 9th, 2020 at 155.89

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

Smart Scan Analysis for SP500-20302010

Based on our trend formula, SP500-20302010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SP500-20302010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
158.45 165.12 156.51 163.69 +8.36
Prev. Close Volume Bid Ask Time
165.87 149745513 2020-08-05 15:14:53
52wk High393.9552wk High Date2018-01-16
52wk Low303.452wk Low Date2018-06-28
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