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Index Trend Analysis Report

Prepared for you on Wednesday, June 23, 2021.

S&P Composite 1500 - Pharmaceuticals (Sub Ind) (CME:SP1500-35202010)

Countertrend Up (+85) - SP1500-35202010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-35202010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-35202010.

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

CME_SP1500-35202010
Open High Low SP1500-35202010 Price Change
869.25 870.14 865.33 867.57 -2.80
Entry Signal

MarketClub’s Trade Triangles for SP1500-35202010

long term up The long-term trend has been UP since May 5th, 2021 at 853.33

intermediate term up The intermediate-term trend has been UP since Jun 10th, 2021 at 878.43

short term down The short-term trend has been DOWN since Jun 16th, 2021 at 869.30

Smart Scan Analysis for SP1500-35202010

Based on our trend formula, SP1500-35202010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP1500-35202010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
869.25 870.14 865.33 867.57 -2.80
Prev. Close Volume Bid Ask Time
867.57 69019440 2021-06-22 16:19:57
52wk High747.6952wk High Date2018-10-09
52wk Low602.8552wk Low Date2018-05-03
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