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Index Trend Analysis Report

Prepared for you on Wednesday, August 5, 2020.

S&P Composite 1500 - Pharmaceuticals (Sub Ind) (CME:SP1500-35202010)

Bull Market Weakness (+75) - SP1500-35202010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-35202010 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP1500-35202010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-35202010.

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

CME_SP1500-35202010
Open High Low SP1500-35202010 Price Change
780.68 783.17 775.54 779.86 +3.38
Entry Signal

MarketClub’s Trade Triangles for SP1500-35202010

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 700.26

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 SP1500-35202010

Based on our trend formula, SP1500-35202010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP1500-35202010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
780.68 783.17 775.54 779.86 +3.38
Prev. Close Volume Bid Ask Time
719.48 43390127 2020-08-05 15:02:42
52wk High747.6952wk High Date2018-10-09
52wk Low602.8552wk Low Date2018-05-03
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