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Index Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

S&P 500 - Pharmaceuticals (Sub Ind) (CME:SP500-35202010)

Long-Term Uptrend (+90) - SP500-35202010 is in a strong uptrend that is likely to continue. While SP500-35202010 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP500-35202010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-35202010.

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

CME_SP500-35202010
Open High Low SP500-35202010 Price Change
754.56 767.86 754.21 757.28 +10.30
Entry Signal

MarketClub’s Trade Triangles for SP500-35202010

long term up The long-term trend has been UP since Nov 9th, 2020 at 768.41

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 750.07

short term up The short-term trend has been UP since Nov 30th, 2020 at 745.32

Smart Scan Analysis for SP500-35202010

Based on our trend formula, SP500-35202010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-35202010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
754.56 767.86 754.21 757.28 +10.30
Prev. Close Volume Bid Ask Time
707.00 75364456 2020-12-01 12:45:23
52wk High718.2152wk High Date2018-11-29
52wk Low577.4152wk Low Date2018-05-03
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