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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

S&P 500 Energy (Sector) (CME:SP500-10)

Sidelines Mode (-55) - SP500-10 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-10?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10.

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

CME_SP500-10
Open High Low SP500-10 Price Change
291.59 298.04 287.20 296.50 +4.91
Entry Signal

MarketClub’s Trade Triangles for SP500-10

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 410.74

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 243.25

short term down The short-term trend has been DOWN since May 29th, 2020 at 288.94

Smart Scan Analysis for SP500-10

Based on our trend formula, SP500-10 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-10
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
291.59 298.04 287.20 296.50 +4.91
Prev. Close Volume Bid Ask Time
219.81 268631367 2020-06-01 16:19:50
52wk High583.4352wk High Date2018-05-22
52wk Low466.9252wk Low Date2018-11-23
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