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Index Trend Analysis Report

Prepared for you on Thursday, July 7, 2022.

S&P 500 Diversified Banks (Sub Ind) (CME:SP500-40101010)

Long-Term Downtrend (-90) - SP500-40101010 is in a strong downtrend that is likely to continue. While SP500-40101010 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 SP500-40101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-40101010.

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

CME_SP500-40101010
Open High Low SP500-40101010 Price Change
515.72 519.63 509.26 515.17 -4.30
Entry Signal

MarketClub’s Trade Triangles for SP500-40101010

long term down The long-term trend has been DOWN since Jan 24th, 2022 at 671.55

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 541.66

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 523.68

Smart Scan Analysis for SP500-40101010

Based on our trend formula, SP500-40101010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP500-40101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
515.72 519.63 509.26 515.17 -4.30
Prev. Close Volume Bid Ask Time
519.47 83659867 2022-07-06 16:20:08
52wk High638.4752wk High Date2018-01-29
52wk Low521.9352wk Low Date2018-10-26
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