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.
MarketClub’s Trade Triangles for SP500-25301020
The long-term trend has been DOWN since Feb 24th, 2020 at 539.03
The intermediate-term trend has been DOWN since Jul 31st, 2020 at 302.02
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).
|52wk High||644.11||52wk High Date||2018-01-30|
|52wk Low||476.98||52wk Low Date||2018-10-29|