Index Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
S&P Select Sector Capped 20% Consumer Discretionary Index Net TR (CME:SPSUCDN)
Countertrend Up (+85) - SPSUCDN 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 SPSUCDN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSUCDN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPSUCDN
The long-term trend has been UP since Feb 25th, 2019 at 369.54
The intermediate-term trend has been UP since Feb 5th, 2020 at 430.74
The short-term trend has been DOWN since Feb 20th, 2020 at 436.45
Smart Scan Analysis for SPSUCDN
Based on our trend formula, SPSUCDN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||388.11||52wk High Date||2018-09-21|
|52wk Low||311.21||52wk Low Date||2017-12-01|