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Index Trend Analysis Report

Prepared for you on Tuesday, May 26, 2020.

S&P 500 Oil & Gas Drilling (Sub Ind) (CME:SP500-10101010)

Sidelines Mode (+55) - SP500-10101010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-10101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10101010.

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

CME_SP500-10101010
Open High Low SP500-10101010 Price Change
51.28 51.28 48.46 50.58 -0.32
Entry Signal

MarketClub’s Trade Triangles for SP500-10101010

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 101.15

intermediate term up The intermediate-term trend has been UP since Apr 9th, 2020 at 52.01

short term down The short-term trend has been DOWN since May 21st, 2020 at 49.54

Smart Scan Analysis for SP500-10101010

Based on our trend formula, SP500-10101010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP500-10101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
51.28 51.28 48.46 50.58 -0.32
Prev. Close Volume Bid Ask Time
42.03 33171103 2020-05-21 17:01:50
52wk High203.4452wk High Date2018-01-29
52wk Low151.0852wk Low Date2017-12-06
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