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Index Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

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

Sidelines Mode (+55) - SP500-101020 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 SP500-101020?

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
326.70 331.84 323.12 329.93 -0.08
Entry Signal

MarketClub’s Trade Triangles for SP500-101020

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 457.23

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 276.19

short term down The short-term trend has been DOWN since May 29th, 2020 at 329.06

Smart Scan Analysis for SP500-101020

Based on our trend formula, SP500-101020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP500-101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
326.70 331.84 323.12 329.93 -0.08
Prev. Close Volume Bid Ask Time
250.29 434581156 2020-05-29 16:19:53
52wk High622.6152wk High Date2018-10-09
52wk Low498.852wk Low Date2018-02-09
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