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Index Trend Analysis Report

Prepared for you on Thursday, February 27, 2020.

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

Strong Downtrend (-100) - SP500-101020 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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
389.43 389.43 380.44 381.91 -16.75
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 down The intermediate-term trend has been DOWN since Jan 21st, 2020 at 494.32

short term down The short-term trend has been DOWN since Feb 24th, 2020 at 446.49

Smart Scan Analysis for SP500-101020

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

-100
Smart Scan Analysis for SP500-101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
389.43 389.43 380.44 381.91 -16.75
Prev. Close Volume Bid Ask Time
500.31 47151043 2020-02-27 10:14:23
52wk High622.6152wk High Date2018-10-09
52wk Low498.852wk Low Date2018-02-09
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