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Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
S&P 500 Materials (Sector) (CME:SP500-15)
Long-Term Uptrend (+90) - SP500-15 is in a strong uptrend that is likely to continue. While SP500-15 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 SP500-15?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15.
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 SP500-15
The long-term trend has been UP since Jun 2nd, 2020 at 355.56
The intermediate-term trend has been UP since Jul 6th, 2020 at 364.93
The short-term trend has been UP since Aug 4th, 2020 at 382.17
Smart Scan Analysis for SP500-15
Based on our trend formula, SP500-15 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 387.97 | 388.40 | 385.43 | 385.52 | -2.70 |
| Prev. Close | Volume | Bid | Ask | Time |
| 338.44 | 35172772 | 2020-08-06 11:52:47 |
| 52wk High | 402.11 | 52wk High Date | 2018-01-26 |
| 52wk Low | 313.47 | 52wk Low Date | 2018-10-26 |