Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

S&P 500 Packaged Foods & Meats (Sub Ind) (CME:SP500-30202030)

Countertrend Down (-85) - SP500-30202030 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP500-30202030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30202030.

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

CME_SP500-30202030
Open High Low SP500-30202030 Price Change
526.98 528.09 523.00 523.47 +2.08
Entry Signal

MarketClub’s Trade Triangles for SP500-30202030

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 530.14

intermediate term down The intermediate-term trend has been DOWN since May 4th, 2020 at 514.98

short term up The short-term trend has been UP since May 26th, 2020 at 527.65

Smart Scan Analysis for SP500-30202030

Based on our trend formula, SP500-30202030 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP500-30202030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
526.98 528.09 523.00 523.47 +2.08
Prev. Close Volume Bid Ask Time
502.34 14067725 2020-05-26 12:41:23
52wk High578.1352wk High Date2018-01-25
52wk Low464.5652wk Low Date2018-05-03
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