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Index Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

S&P 500 Semiconductors & Semiconductor Equipment (Industry Group) (CME:SP500-4530)

Long-Term Downtrend (-90) - SP500-4530 is in a strong downtrend that is likely to continue. While SP500-4530 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 SP500-4530?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4530.

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

CME_SP500-4530
Open High Low SP500-4530 Price Change
1646.19 1672.44 1628.39 1665.45 +24.98
Entry Signal

MarketClub’s Trade Triangles for SP500-4530

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 2070.45

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1809.03

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 1733.78

Smart Scan Analysis for SP500-4530

Based on our trend formula, SP500-4530 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP500-4530
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1646.19 1672.44 1628.39 1665.45 +24.98
Prev. Close Volume Bid Ask Time
1640.47 195501775 2022-07-06 15:40:38
52wk High1095.2452wk High Date2018-06-07
52wk Low826.2252wk Low Date2018-11-20
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