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Index Trend Analysis Report

Prepared for you on Wednesday, May 12, 2021.

S&P 400 Oil, Gas & Consumable Fuels (Industry) (CME:SP400-101020)

Long-Term Uptrend (+90) - SP400-101020 is in a strong uptrend that is likely to continue. While SP400-101020 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 SP400-101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-101020.

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

CME_SP400-101020
Open High Low SP400-101020 Price Change
277.11 286.92 273.10 273.98 -0.57
Entry Signal

MarketClub’s Trade Triangles for SP400-101020

long term up The long-term trend has been UP since Dec 9th, 2020 at 199.16

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2021 at 264.73

short term up The short-term trend has been UP since May 7th, 2021 at 271.55

Smart Scan Analysis for SP400-101020

Based on our trend formula, SP400-101020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP400-101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
277.11 286.92 273.10 273.98 -0.57
Prev. Close Volume Bid Ask Time
274.55 19501718 2021-05-12 17:03:46
52wk High567.0852wk High Date2018-10-09
52wk Low346.6952wk Low Date2018-02-09
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