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Index Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

S&P 500 Oil & Gas Exploration & Production (Sub Ind) (CME:SP500-10102020)

Long-Term Uptrend (+90) - SP500-10102020 is in a strong uptrend that is likely to continue. While SP500-10102020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP500-10102020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10102020.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500-10102020
Open High Low SP500-10102020 Price Change
437.72 441.96 437.35 440.08 -2.53
Entry Signal

MarketClub’s Trade Triangles for SP500-10102020

long term up The long-term trend has been UP since Sep 27th, 2021 at 389.83

intermediate term up The intermediate-term trend has been UP since Sep 13th, 2021 at 339.16

short term up The short-term trend has been UP since Oct 15th, 2021 at 443.94

Smart Scan Analysis for SP500-10102020

Based on our trend formula, SP500-10102020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-10102020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
437.72 441.96 437.35 440.08 -2.53
Prev. Close Volume Bid Ask Time
442.61 7394169 2021-10-20 10:07:53
52wk High514.4352wk High Date2018-10-09
52wk Low376.2252wk Low Date2018-02-09
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