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Index Trend Analysis Report

Prepared for you on Tuesday, August 4, 2020.

S&P Composite 1500 Health Care Supplies (Sub Ind) (CME:SP1500-35101020)

Long-Term Uptrend (+90) - SP1500-35101020 is in a strong uptrend that is likely to continue. While SP1500-35101020 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 SP1500-35101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-35101020.

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

CME_SP1500-35101020
Open High Low SP1500-35101020 Price Change
3183.34 3191.68 3153.42 3156.97 -45.31
Entry Signal

MarketClub’s Trade Triangles for SP1500-35101020

long term up The long-term trend has been UP since Jun 2nd, 2020 at 2937.93

intermediate term up The intermediate-term trend has been UP since Jul 6th, 2020 at 2978.36

short term up The short-term trend has been UP since Jul 31st, 2020 at 3183.05

Smart Scan Analysis for SP1500-35101020

Based on our trend formula, SP1500-35101020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP1500-35101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3183.34 3191.68 3153.42 3156.97 -45.31
Prev. Close Volume Bid Ask Time
2682.31 1547660 2020-08-04 10:19:12
52wk High3108.9252wk High Date2018-09-17
52wk Low2309.5652wk Low Date2018-11-20
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