Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, December 3, 2020.

S&P 500 Industrial Conglomerates (Industry) (CME:SP500-201050)

Countertrend Up (+85) - SP500-201050 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP500-201050?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-201050.

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

CME_SP500-201050
Open High Low SP500-201050 Price Change
346.35 349.20 345.71 349.10 +2.64
Entry Signal

MarketClub’s Trade Triangles for SP500-201050

long term up The long-term trend has been UP since Oct 9th, 2020 at 295.73

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2020 at 295.73

short term down The short-term trend has been DOWN since Nov 30th, 2020 at 347.21

Smart Scan Analysis for SP500-201050

Based on our trend formula, SP500-201050 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP500-201050
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
346.35 349.20 345.71 349.10 +2.64
Prev. Close Volume Bid Ask Time
300.81 31197846 2020-12-03 11:45:53
52wk High397.2252wk High Date2018-01-12
52wk Low277.9352wk Low Date2018-11-26
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