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Index Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

S&P 500 Capital Goods (Industry Group) (CME:SP500-2010)

Long-Term Downtrend (-90) - SP500-2010 is in a strong downtrend that is likely to continue. While SP500-2010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP500-2010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2010.

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

CME_SP500-2010
Open High Low SP500-2010 Price Change
855.80 867.97 855.68 866.01 +15.59
Entry Signal

MarketClub’s Trade Triangles for SP500-2010

long term down The long-term trend has been DOWN since Mar 15th, 2023 at 850.49

intermediate term down The intermediate-term trend has been DOWN since Mar 10th, 2023 at 884.42

short term down The short-term trend has been DOWN since Mar 8th, 2023 at 907.15

Smart Scan Analysis for SP500-2010

Based on our trend formula, SP500-2010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP500-2010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
855.80 867.97 855.68 866.01 +15.59
Prev. Close Volume Bid Ask Time
850.42 49541673 2023-03-20 15:19:38
52wk High739.3952wk High Date2018-01-29
52wk Low587.0752wk Low Date2018-10-29
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