Index Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
S&P 500 Inverse (CME:SP500INV)
Crossroads (-60) - SP500INV is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP500INV?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500INV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500INV
The long-term trend has been UP since Feb 27th, 2020 at 150.43
The intermediate-term trend has been DOWN since Apr 6th, 2020 at 160.16
The short-term trend has been DOWN since May 18th, 2020 at 144.51
Smart Scan Analysis for SP500INV
Based on our trend formula, SP500INV is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||180.51||52wk High Date||2018-02-09|
|52wk Low||155.47||52wk Low Date||2018-09-21|