Index Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
S&P 500 High Dividend Index (CME:SPXHDUP)
Long-Term Downtrend (-90) - SPXHDUP is in a strong downtrend that is likely to continue. While SPXHDUP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPXHDUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXHDUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXHDUP
The long-term trend has been DOWN since Mar 9th, 2023 at 7629.96
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 8084.23
The short-term trend has been DOWN since Mar 22nd, 2023 at 7101.00
Smart Scan Analysis for SPXHDUP
Based on our trend formula, SPXHDUP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).