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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.
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MarketClub’s Trade Triangles for SP500-2010
The long-term trend has been DOWN since Mar 15th, 2023 at 850.49
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 884.42
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).
| 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 High | 739.39 | 52wk High Date | 2018-01-29 |
| 52wk Low | 587.07 | 52wk Low Date | 2018-10-29 |