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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.
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MarketClub’s Trade Triangles for SP500-101020
The long-term trend has been DOWN since Jan 30th, 2020 at 457.23
The intermediate-term trend has been DOWN since Jan 21st, 2020 at 494.32
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).
| 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 High | 622.61 | 52wk High Date | 2018-10-09 |
| 52wk Low | 498.8 | 52wk Low Date | 2018-02-09 |