Index Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
S&P 500 Bond Index (CME:SP500BDT)
Strong Downtrend (-100) - SP500BDT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500BDT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500BDT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500BDT
The long-term trend has been DOWN since Feb 24th, 2021 at 523.32
The intermediate-term trend has been DOWN since May 12th, 2021 at 520.56
The short-term trend has been DOWN since May 11th, 2021 at 523.44
Smart Scan Analysis for SP500BDT
Based on our trend formula, SP500BDT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).