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Index Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

S&P Composite 1500 - Pharmaceuticals (Industry) (CME:SP1500-352020)

Long-Term Uptrend (+90) - SP1500-352020 is in a strong uptrend that is likely to continue. While SP1500-352020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-352020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-352020.

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

CME_SP1500-352020
Open High Low SP1500-352020 Price Change
783.50 790.46 774.70 777.23 -2.16
Entry Signal

MarketClub’s Trade Triangles for SP1500-352020

long term up The long-term trend has been UP since Aug 6th, 2020 at 788.26

intermediate term up The intermediate-term trend has been UP since Jul 6th, 2020 at 748.30

short term up The short-term trend has been UP since Aug 3rd, 2020 at 778.45

Smart Scan Analysis for SP1500-352020

Based on our trend formula, SP1500-352020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP1500-352020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
783.50 790.46 774.70 777.23 -2.16
Prev. Close Volume Bid Ask Time
719.48 36631285 2020-08-06 12:17:12
52wk High747.6952wk High Date2018-10-09
52wk Low602.8552wk Low Date2018-05-03
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