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Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
S&P 500 (TR) (CME:SP500TR)
Bull Market Weakness (+75) - SP500TR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500TR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500TR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500TR
The long-term trend has been UP since Sep 12th, 2019 at 6088.08
The intermediate-term trend has been UP since Dec 12th, 2019 at 6386.80
The short-term trend has been DOWN since Feb 20th, 2020 at 6823.25
Smart Scan Analysis for SP500TR
Based on our trend formula, SP500TR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6834.88 | 6835.05 | 6786.73 | 6803.06 | -57.46 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6627.87 | 0 | 2020-02-21 10:28:57 |
| 52wk High | 5814.95 | 52wk High Date | 2018-09-21 |
| 52wk Low | 4947.99 | 52wk Low Date | 2018-02-09 |