Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P 500 Multi-Utilities (Sub Ind) (CME:SP500-55103010)
Bull Market Weakness (+75) - SP500-55103010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-55103010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500-55103010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-55103010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-55103010
The long-term trend has been DOWN since Feb 27th, 2020 at 42.43
The intermediate-term trend has been UP since May 26th, 2020 at 38.89
The short-term trend has been UP since May 26th, 2020 at 38.40
Smart Scan Analysis for SP500-55103010
Based on our trend formula, SP500-55103010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||39.83||52wk High Date||2017-12-01|
|52wk Low||32.81||52wk Low Date||2018-06-07|