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Index Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

S&P 400 Telecommunication Services (Industry Group) (CME:SP400-5010)

Countertrend Down (-85) - SP400-5010 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP400-5010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-5010.

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

CME_SP400-5010
Open High Low SP400-5010 Price Change
95.35 96.25 94.72 94.79 +0.57
Entry Signal

MarketClub’s Trade Triangles for SP400-5010

long term down The long-term trend has been DOWN since Oct 6th, 2021 at 92.56

intermediate term down The intermediate-term trend has been DOWN since Sep 24th, 2021 at 100.54

short term up The short-term trend has been UP since Oct 13th, 2021 at 93.65

Smart Scan Analysis for SP400-5010

Based on our trend formula, SP400-5010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP400-5010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
95.35 96.25 94.72 94.79 +0.57
Prev. Close Volume Bid Ask Time
94.79 1447215 2021-10-15 16:46:29
52wk High191.2252wk High Date2018-11-28
52wk Low125.1652wk Low Date2018-02-09
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