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Index Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
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.
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MarketClub’s Trade Triangles for SP500-35202010
The long-term trend has been UP since May 5th, 2021 at 817.76
The intermediate-term trend has been UP since Oct 20th, 2021 at 856.53
The short-term trend has been UP since Oct 15th, 2021 at 844.74
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 856.30 | 864.08 | 854.92 | 860.67 | +7.21 |
| Prev. Close | Volume | Bid | Ask | Time |
| 860.67 | 60584951 | 2021-10-20 17:04:27 |
| 52wk High | 718.21 | 52wk High Date | 2018-11-29 |
| 52wk Low | 577.41 | 52wk Low Date | 2018-05-03 |