Index Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
S&P 500 Food Products (Industry) (CME:SP500-302020)
Bull Market Weakness (+75) - SP500-302020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-302020 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-302020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-302020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-302020
The long-term trend has been DOWN since Feb 27th, 2020 at 546.65
The intermediate-term trend has been UP since May 28th, 2020 at 547.10
The short-term trend has been UP since May 26th, 2020 at 536.16
Smart Scan Analysis for SP500-302020
Based on our trend formula, SP500-302020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||591.72||52wk High Date||2018-01-29|
|52wk Low||485.32||52wk Low Date||2018-05-03|