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Index Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

S&P 500 Retailing (Industry Group) (CME:SP500-2550)

Long-Term Downtrend (-90) - SP500-2550 is in a strong downtrend that is likely to continue. While SP500-2550 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 SP500-2550?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2550.

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

CME_SP500-2550
Open High Low SP500-2550 Price Change
2848.17 2910.18 2841.33 2906.17 +63.59
Entry Signal

MarketClub’s Trade Triangles for SP500-2550

long term down The long-term trend has been DOWN since Jan 20th, 2022 at 3805.89

intermediate term down The intermediate-term trend has been DOWN since Jun 16th, 2022 at 2766.88

short term down The short-term trend has been DOWN since Jun 28th, 2022 at 2869.93

Smart Scan Analysis for SP500-2550

Based on our trend formula, SP500-2550 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP500-2550
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2848.17 2910.18 2841.33 2906.17 +63.59
Prev. Close Volume Bid Ask Time
2906.17 118785514 2022-07-01 16:19:53
52wk High2459.5952wk High Date2018-10-01
52wk Low1657.552wk Low Date2017-12-01
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