Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

S&P 500 Hotels, Resorts & Cruise Lines (Sub Ind) (CME:SP500-25301020)

Sidelines Mode (-55) - SP500-25301020 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 SP500-25301020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25301020.

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

CME_SP500-25301020
Open High Low SP500-25301020 Price Change
320.58 324.96 315.25 324.36 +1.70
Entry Signal

MarketClub’s Trade Triangles for SP500-25301020

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 539.03

intermediate term down The intermediate-term trend has been DOWN since Jul 31st, 2020 at 302.02

short term up The short-term trend has been UP since Aug 5th, 2020 at 309.28

Smart Scan Analysis for SP500-25301020

Based on our trend formula, SP500-25301020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-25301020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
320.58 324.96 315.25 324.36 +1.70
Prev. Close Volume Bid Ask Time
332.36 41690738 2020-08-07 12:13:23
52wk High644.1152wk High Date2018-01-30
52wk Low476.9852wk Low Date2018-10-29
Get a free daily analysis and signals for S&P 500 Hotels, Resorts & Cruise Lines (Sub Ind) (SP500-25301020) - Request Your Free Report.