Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

S&P 500 Investment Grade Corporate Bond Index (CME:SP5IGBIT)

Weak Downtrend (-65) - SP5IGBIT is showing signs of a strengthening downtrend. Monitor SP5IGBIT as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP5IGBIT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP5IGBIT.

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

CME_SP5IGBIT
Open High Low SP5IGBIT Price Change
447.67 451.06 447.65 449.91 -0.12
Entry Signal

MarketClub’s Trade Triangles for SP5IGBIT

long term down The long-term trend has been DOWN since Mar 13th, 2020 at 454.30

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 468.99

short term up The short-term trend has been UP since Mar 25th, 2020 at 427.22

Smart Scan Analysis for SP5IGBIT

Based on our trend formula, SP5IGBIT is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SP5IGBIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
447.67 451.06 447.65 449.91 -0.12
Prev. Close Volume Bid Ask Time
446.57 0 2020-04-03 16:00:00
Get a free daily analysis and signals for S&P 500 Investment Grade Corporate Bond Index (SP5IGBIT) - Request Your Free Report.