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Index Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
S&P 500 Energy (Industry Group) (CME:SP500-1010)
Sidelines Mode (-55) - SP500-1010 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 SP500-1010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-1010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500-1010
The long-term trend has been DOWN since Jan 30th, 2020 at 410.79
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 447.94
The short-term trend has been UP since Mar 24th, 2020 at 201.37
Smart Scan Analysis for SP500-1010
Based on our trend formula, SP500-1010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 240.39 | 240.99 | 223.16 | 229.26 | -3.11 |
| Prev. Close | Volume | Bid | Ask | Time |
| 219.81 | 530839466 | 2020-04-03 17:10:00 |
| 52wk High | 583.42 | 52wk High Date | 2018-05-22 |
| 52wk Low | 466.97 | 52wk Low Date | 2018-11-23 |