Index Trend Analysis Report
Prepared for you on Friday, December 4, 2020.
S&P 500 Data Processing & Outsourced Services (Sub Ind) (CME:SP500-45102020)
Long-Term Uptrend (+90) - SP500-45102020 is in a strong uptrend that is likely to continue. While SP500-45102020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500-45102020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45102020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-45102020
The long-term trend has been UP since Nov 25th, 2020 at 1612.57
The intermediate-term trend has been UP since Nov 9th, 2020 at 1538.46
The short-term trend has been UP since Dec 1st, 2020 at 1613.95
Smart Scan Analysis for SP500-45102020
Based on our trend formula, SP500-45102020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1079.35||52wk High Date||2018-10-01|
|52wk Low||785.36||52wk Low Date||2017-12-05|