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Index Trend Analysis Report

Prepared for you on Friday, August 14, 2020.

S&P Composite 1500 Oil & Gas Exploration & Production (Sub Ind) (CME:SP1500-10102020)

Long-Term Uptrend (+90) - SP1500-10102020 is in a strong uptrend that is likely to continue. While SP1500-10102020 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 SP1500-10102020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10102020.

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

CME_SP1500-10102020
Open High Low SP1500-10102020 Price Change
238.09 240.99 234.24 234.68 -5.57
Entry Signal

MarketClub’s Trade Triangles for SP1500-10102020

long term up The long-term trend has been UP since Jun 8th, 2020 at 290.10

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2020 at 234.19

short term up The short-term trend has been UP since Aug 4th, 2020 at 222.25

Smart Scan Analysis for SP1500-10102020

Based on our trend formula, SP1500-10102020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP1500-10102020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
238.09 240.99 234.24 234.68 -5.57
Prev. Close Volume Bid Ask Time
235.62 159894547 2020-08-13 16:20:12
52wk High557.1452wk High Date2018-10-09
52wk Low402.7152wk Low Date2018-02-09
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