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Index Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

S&P 400 - Pharmaceuticals (Industry) (CME:SP400-352020)

Crossroads (-60) - SP400-352020 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP400-352020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-352020.

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

CME_SP400-352020
Open High Low SP400-352020 Price Change
1582.40 1590.68 1572.16 1582.80 -4.95
Entry Signal

MarketClub’s Trade Triangles for SP400-352020

long term up The long-term trend has been UP since Mar 17th, 2022 at 1566.56

intermediate term down The intermediate-term trend has been DOWN since Aug 9th, 2022 at 1562.65

short term down The short-term trend has been DOWN since Aug 17th, 2022 at 1577.77

Smart Scan Analysis for SP400-352020

Based on our trend formula, SP400-352020 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP400-352020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1582.40 1590.68 1572.16 1582.80 -4.95
Prev. Close Volume Bid Ask Time
1587.75 1139956 2022-08-19 16:19:50
52wk High1546.0752wk High Date2018-01-26
52wk Low1017.0252wk Low Date2018-05-03
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