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Index Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

S&P 500 Momentum Index (US Dollar) Gross Total Return (CME:SP500MUT)

Bull Market Weakness (+75) - SP500MUT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500MUT as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500MUT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500MUT.

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

CME_SP500MUT
Open High Low SP500MUT Price Change
1879.08 1895.40 1842.35 1846.73 -32.35
Entry Signal

MarketClub’s Trade Triangles for SP500MUT

long term up The long-term trend has been UP since Jun 1st, 2020 at 1550.68

intermediate term up The intermediate-term trend has been UP since Sep 29th, 2020 at 1808.32

short term down The short-term trend has been DOWN since Oct 15th, 2020 at 1870.91

Smart Scan Analysis for SP500MUT

Based on our trend formula, SP500MUT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP500MUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1879.08 1895.40 1842.35 1846.73 -32.35
Prev. Close Volume Bid Ask Time
1798.91 0 2020-10-19 16:19:56
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