Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
S&P 500 Consumer Durables & Apparel (Industry Group) (CME:SP500-2520)
Bull Market Weakness (+75) - SP500-2520 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-2520 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-2520?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2520.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-2520
The long-term trend has been DOWN since Feb 25th, 2020 at 342.40
The intermediate-term trend has been UP since May 26th, 2020 at 299.04
The short-term trend has been UP since May 18th, 2020 at 273.83
Smart Scan Analysis for SP500-2520
Based on our trend formula, SP500-2520 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||356.82||52wk High Date||2018-08-22|
|52wk Low||288.91||52wk Low Date||2018-10-26|