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Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
S&P 500 Oil, Gas & Consumable Fuels (Industry) (CME:SP500-101020)
Weak Downtrend (-65) - SP500-101020 is showing signs of a strengthening downtrend. Monitor SP500-101020 as it may be building momentum to the downside.
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.
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MarketClub’s Trade Triangles for SP500-101020
The long-term trend has been DOWN since Nov 7th, 2023 at 713.76
The intermediate-term trend has been DOWN since Oct 2nd, 2023 at 758.71
The short-term trend has been UP since Dec 1st, 2023 at 723.89
Smart Scan Analysis for SP500-101020
Based on our trend formula, SP500-101020 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 711.19 | 718.99 | 709.76 | 714.09 | -3.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 717.28 | 126362918 | 2023-12-04 16:19:53 |
| 52wk High | 622.61 | 52wk High Date | 2018-10-09 |
| 52wk Low | 498.8 | 52wk Low Date | 2018-02-09 |