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Index Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
S&P 500 - Pharmaceuticals (Sub Ind) (CME:SP500-35202010)
Bull Market Weakness (+75) - SP500-35202010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-35202010 as it may be in the beginning stages of a reversal.
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 DOWN since Feb 28th, 2020 at 673.81
The intermediate-term trend has been UP since Apr 6th, 2020 at 675.55
The short-term trend has been UP since Mar 26th, 2020 at 617.88
Smart Scan Analysis for SP500-35202010
Based on our trend formula, SP500-35202010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 687.09 | 710.46 | 681.40 | 706.87 | +22.59 |
| Prev. Close | Volume | Bid | Ask | Time |
| 663.51 | 78243941 | 2020-04-08 17:06:54 |
| 52wk High | 718.21 | 52wk High Date | 2018-11-29 |
| 52wk Low | 577.41 | 52wk Low Date | 2018-05-03 |