Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
S&P 500 Oil, Gas & Consumable Fuels (Industry) (CME:SP500-101020)
Bull Market Weakness (+75) - SP500-101020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-101020 as it may be in the beginning stages of a reversal.
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 Feb 22nd, 2023 at 707.56
The intermediate-term trend has been UP since Jun 7th, 2023 at 698.31
The short-term trend has been UP since Jun 2nd, 2023 at 673.33
Smart Scan Analysis for SP500-101020
Based on our trend formula, SP500-101020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 687.93 | 704.02 | 687.93 | 703.25 | +18.32 |
| Prev. Close | Volume | Bid | Ask | Time |
| 684.93 | 128161455 | 2023-06-07 16:04:53 |
| 52wk High | 622.61 | 52wk High Date | 2018-10-09 |
| 52wk Low | 498.8 | 52wk Low Date | 2018-02-09 |