Index Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
S&P LAC 40 (US$) (CME:SPLAC)
Countertrend Down (-85) - SPLAC is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SPLAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPLAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPLAC
The long-term trend has been DOWN since Feb 24th, 2020 at 3079.25
The intermediate-term trend has been DOWN since Jan 13th, 2020 at 3350.48
The short-term trend has been UP since Mar 25th, 2020 at 1811.95
Smart Scan Analysis for SPLAC
Based on our trend formula, SPLAC is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3936.41||52wk High Date||2018-02-01|
|52wk Low||2848.61||52wk Low Date||2018-09-05|