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Index Trend Analysis Report

Prepared for you on Saturday, October 24, 2020.

S&P 500 Water Utilities (Sub Ind) (CME:SP500-55104010)

Bull Market Weakness (+75) - SP500-55104010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-55104010 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-55104010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-55104010.

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

CME_SP500-55104010
Open High Low SP500-55104010 Price Change
226.63 227.78 225.32 226.92 +0.69
Entry Signal

MarketClub’s Trade Triangles for SP500-55104010

long term up The long-term trend has been UP since Jul 13th, 2020 at 197.58

intermediate term up The intermediate-term trend has been UP since Sep 28th, 2020 at 214.23

short term down The short-term trend has been DOWN since Oct 20th, 2020 at 226.22

Smart Scan Analysis for SP500-55104010

Based on our trend formula, SP500-55104010 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP500-55104010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
226.63 227.78 225.32 226.92 +0.69
Prev. Close Volume Bid Ask Time
211.47 423592 2020-10-23 17:15:09
52wk High139.152wk High Date2018-11-19
52wk Low112.0252wk Low Date2018-02-08
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