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Index Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

S&P Composite 1500 Food Beverage & Tobacco (Industry Group) (CME:SP1500-3020)

Strong Uptrend (+100) - SP1500-3020 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP1500-3020 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SP1500-3020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-3020.

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

CME_SP1500-3020
Open High Low SP1500-3020 Price Change
717.42 724.34 716.24 723.64 +4.01
Entry Signal

MarketClub’s Trade Triangles for SP1500-3020

long term up The long-term trend has been UP since Jul 23rd, 2020 at 716.97

intermediate term up The intermediate-term trend has been UP since Jul 13th, 2020 at 690.98

short term up The short-term trend has been UP since Aug 5th, 2020 at 720.05

Smart Scan Analysis for SP1500-3020

Based on our trend formula, SP1500-3020 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SP1500-3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
717.42 724.34 716.24 723.64 +4.01
Prev. Close Volume Bid Ask Time
668.59 34880978 2020-08-07 14:40:57
52wk High785.152wk High Date2018-01-29
52wk Low64452wk Low Date2018-05-15
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