Index Trend Analysis Report
Prepared for you on Tuesday, April 20, 2021.
S&P 500 Value (CME:SP500V)
Countertrend Up (+85) - SP500V is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP500V?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500V.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500V
The long-term trend has been UP since Nov 9th, 2020 at 1172.60
The intermediate-term trend has been UP since Nov 9th, 2020 at 1159.22
The short-term trend has been DOWN since Apr 20th, 2021 at 1423.34
Smart Scan Analysis for SP500V
Based on our trend formula, SP500V is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1195.51||52wk High Date||2018-01-26|
|52wk Low||1045.667||52wk Low Date||2018-04-02|