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Index Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

S&P 500 Technology Hardware, Storage & Peripherals (Sub Ind) (CME:SP500-45202030)

Long-Term Uptrend (+90) - SP500-45202030 is in a strong uptrend that is likely to continue. While SP500-45202030 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 SP500-45202030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45202030.

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

CME_SP500-45202030
Open High Low SP500-45202030 Price Change
494.29 495.38 484.31 487.40 -9.92
Entry Signal

MarketClub’s Trade Triangles for SP500-45202030

long term up The long-term trend has been UP since Jun 3rd, 2020 at 359.78

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 295.08

short term up The short-term trend has been UP since Jul 29th, 2020 at 418.01

Smart Scan Analysis for SP500-45202030

Based on our trend formula, SP500-45202030 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-45202030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
494.29 495.38 484.31 487.40 -9.92
Prev. Close Volume Bid Ask Time
371.18 49476286 2020-08-07 13:41:38
52wk High273.607652wk High Date2018-10-03
52wk Low182.573552wk Low Date2018-02-09
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