Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
S&P 500 Textiles, Apparel & Luxury Goods (Industry) (CME:SP500-252030)
Crossroads (+60) - SP500-252030 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500-252030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-252030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-252030
The long-term trend has been UP since Dec 6th, 2019 at 894.53
The intermediate-term trend has been DOWN since Jan 23rd, 2020 at 925.72
The short-term trend has been DOWN since Feb 20th, 2020 at 899.07
Smart Scan Analysis for SP500-252030
Based on our trend formula, SP500-252030 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||914.48||52wk High Date||2018-10-01|
|52wk Low||677.23||52wk Low Date||2017-12-01|