Index Trend Analysis Report
Prepared for you on Saturday, February 22, 2020.
S&P 500 Tobacco (Industry) (CME:SP500-302030)
Bull Market Weakness (+75) - SP500-302030 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-302030 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-302030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-302030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-302030
The long-term trend has been UP since Nov 18th, 2019 at 959.95
The intermediate-term trend has been DOWN since Jan 28th, 2020 at 964.54
The short-term trend has been UP since Feb 21st, 2020 at 958.20
Smart Scan Analysis for SP500-302030
Based on our trend formula, SP500-302030 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1328.62||52wk High Date||2017-12-19|
|52wk Low||960.09||52wk Low Date||2018-07-19|