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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.

CME_SP500-15
Open High Low SP500-15 Price Change
387.97 388.40 385.43 385.52 -2.70
Entry Signal

MarketClub’s Trade Triangles for SP500-15

long term up The long-term trend has been UP since Jun 2nd, 2020 at 355.56

intermediate term up The intermediate-term trend has been UP since Jul 6th, 2020 at 364.93

short term up 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).

+90
Smart Scan Analysis for SP500-15
Strong Downtrend Sideways 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 High402.1152wk High Date2018-01-26
52wk Low313.4752wk Low Date2018-10-26
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