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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

S&P 500 Banks (Industry) (CME:SP500-401010)

Crossroads (+60) - SP500-401010 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-401010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-401010.

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

CME_SP500-401010
Open High Low SP500-401010 Price Change
351.89 360.12 350.13 357.14 +6.88
Entry Signal

MarketClub’s Trade Triangles for SP500-401010

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 499.21

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 341.12

short term up The short-term trend has been UP since May 18th, 2020 at 312.89

Smart Scan Analysis for SP500-401010

Based on our trend formula, SP500-401010 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SP500-401010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
351.89 360.12 350.13 357.14 +6.88
Prev. Close Volume Bid Ask Time
331.96 184250266 2020-06-01 16:20:08
52wk High534.7352wk High Date2018-01-29
52wk Low433.6152wk Low Date2018-10-24
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