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Index Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

S&P 500 Materials (Industry Group) (CME:SP500-1510)

Long-Term Uptrend (+90) - SP500-1510 is in a strong uptrend that is likely to continue. While SP500-1510 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 SP500-1510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-1510.

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

CME_SP500-1510
Open High Low SP500-1510 Price Change
395.02 397.80 390.46 391.16 -0.70
Entry Signal

MarketClub’s Trade Triangles for SP500-1510

long term up The long-term trend has been UP since Jun 2nd, 2020 at 355.57

intermediate term up The intermediate-term trend has been UP since Jul 6th, 2020 at 364.94

short term up The short-term trend has been UP since Aug 4th, 2020 at 382.17

Smart Scan Analysis for SP500-1510

Based on our trend formula, SP500-1510 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-1510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
395.02 397.80 390.46 391.16 -0.70
Prev. Close Volume Bid Ask Time
338.44 99144330 2020-08-11 16:20:08
52wk High402.0752wk High Date2018-01-26
52wk Low302.0652wk Low Date2017-12-06
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