Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, February 28, 2021.

S&P 500 Oil, Gas & Consumable Fuels (Industry) (CME:SP500-101020)

Long-Term Uptrend (+90) - SP500-101020 is in a strong uptrend that is likely to continue. While SP500-101020 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 SP500-101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-101020.

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

CME_SP500-101020
Open High Low SP500-101020 Price Change
401.24 404.36 388.57 399.32 -9.66
Entry Signal

MarketClub’s Trade Triangles for SP500-101020

long term up The long-term trend has been UP since Nov 24th, 2020 at 333.73

intermediate term up The intermediate-term trend has been UP since Feb 8th, 2021 at 368.18

short term up The short-term trend has been UP since Feb 16th, 2021 at 372.08

Smart Scan Analysis for SP500-101020

Based on our trend formula, SP500-101020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
401.24 404.36 388.57 399.32 -9.66
Prev. Close Volume Bid Ask Time
399.32 231096783 2021-02-26 17:04:51
52wk High622.6152wk High Date2018-10-09
52wk Low498.852wk Low Date2018-02-09
Get a free daily analysis and signals for S&P 500 Oil, Gas & Consumable Fuels (Industry) (SP500-101020) - Request Your Free Report.