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Index Trend Analysis Report

Prepared for you on Wednesday, July 6, 2022.

S&P 400 Oil & Gas Exploration & Production (Sub Ind) (CME:SP400-10102020)

Long-Term Downtrend (-90) - SP400-10102020 is in a strong downtrend that is likely to continue. While SP400-10102020 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 SP400-10102020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-10102020.

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

CME_SP400-10102020
Open High Low SP400-10102020 Price Change
252.56 252.56 237.54 242.62 -16.13
Entry Signal

MarketClub’s Trade Triangles for SP400-10102020

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 248.41

intermediate term down The intermediate-term trend has been DOWN since Jun 17th, 2022 at 294.79

short term down The short-term trend has been DOWN since Jun 30th, 2022 at 263.50

Smart Scan Analysis for SP400-10102020

Based on our trend formula, SP400-10102020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP400-10102020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
252.56 252.56 237.54 242.62 -16.13
Prev. Close Volume Bid Ask Time
242.62 26777712 2022-07-05 17:04:12
52wk High308.0652wk High Date2018-10-09
52wk Low197.6152wk Low Date2018-02-09
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