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Index Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
S&P 500 Hotels, Resorts & Cruise Lines (Sub Ind) (CME:SP500-25301020)
Long-Term Downtrend (-90) - SP500-25301020 is in a strong downtrend that is likely to continue. While SP500-25301020 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 SP500-25301020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25301020.
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 SP500-25301020
The long-term trend has been DOWN since Mar 7th, 2022 at 476.89
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 444.27
The short-term trend has been DOWN since Jun 29th, 2022 at 390.63
Smart Scan Analysis for SP500-25301020
Based on our trend formula, SP500-25301020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 394.64 | 395.54 | 382.18 | 389.19 | -10.78 |
| Prev. Close | Volume | Bid | Ask | Time |
| 399.97 | 155544348 | 2022-06-29 16:19:53 |
| 52wk High | 644.11 | 52wk High Date | 2018-01-30 |
| 52wk Low | 476.98 | 52wk Low Date | 2018-10-29 |