Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
S&P 500 Insurance (Industry Group) (CME:SP500-4030)
Long-Term Downtrend (-90) - SP500-4030 is in a strong downtrend that is likely to continue. While SP500-4030 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-4030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-4030
The long-term trend has been DOWN since Feb 27th, 2020 at 423.81
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 366.80
The short-term trend has been DOWN since Sep 17th, 2020 at 370.17
Smart Scan Analysis for SP500-4030
Based on our trend formula, SP500-4030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||426.24||52wk High Date||2018-01-29|
|52wk Low||353.06||52wk Low Date||2018-10-26|