Index Trend Analysis Report
Prepared for you on Saturday, July 4, 2020.
S&P 500 Shariah Index (CME:SP500SH)
Long-Term Uptrend (+90) - SP500SH is in a strong uptrend that is likely to continue. While SP500SH is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500SH?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500SH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500SH
The long-term trend has been UP since Jun 2nd, 2020 at 2932.84
The intermediate-term trend has been UP since Apr 6th, 2020 at 2540.27
The short-term trend has been UP since Jun 30th, 2020 at 2968.38
Smart Scan Analysis for SP500SH
Based on our trend formula, SP500SH is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2644||52wk High Date||2018-10-03|
|52wk Low||2206.04||52wk Low Date||2018-02-09|