Index Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
Vanguard S&P 500 ETF (GIF:VOO)
Bull Market Weakness (+75) - VOO is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on VOO as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid VOO?
MarketClub looks at technical strength and momentum to determine if the timing is right for VOO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for VOO
The long-term trend has been UP since Jun 5th, 2020 at 288.08
The intermediate-term trend has been UP since Oct 8th, 2020 at 315.17
The short-term trend has been DOWN since Oct 15th, 2020 at 315.78
Smart Scan Analysis for VOO
Based on our trend formula, VOO is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).