Index Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
S&P 500 Retailing (Industry Group) (CME:SP500-2550)
Strong Uptrend (+100) - SP500-2550 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-2550 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SP500-2550?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2550.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-2550
The long-term trend has been UP since May 18th, 2020 at 2698.99
The intermediate-term trend has been UP since Apr 6th, 2020 at 2236.66
The short-term trend has been UP since May 28th, 2020 at 2800.36
Smart Scan Analysis for SP500-2550
Based on our trend formula, SP500-2550 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2459.59||52wk High Date||2018-10-01|
|52wk Low||1657.5||52wk Low Date||2017-12-01|