Index Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
S&P 500 Road & Rail (Industry) (CME:SP500-203040)
Strong Downtrend (-100) - SP500-203040 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 SP500-203040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-203040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-203040
The long-term trend has been DOWN since Feb 27th, 2020 at 1854.64
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 2030.28
The short-term trend has been DOWN since Feb 18th, 2020 at 2080.09
Smart Scan Analysis for SP500-203040
Based on our trend formula, SP500-203040 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1866.95||52wk High Date||2018-10-01|
|52wk Low||1346.57||52wk Low Date||2018-02-09|