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Index Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

S&P 500 Oil & Gas Equipment & Services (Sub Ind) (CME:SP500-10101020)

Bull Market Weakness (+75) - SP500-10101020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-10101020 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-10101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10101020.

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

CME_SP500-10101020
Open High Low SP500-10101020 Price Change
279.93 285.91 278.87 285.32 +11.49
Entry Signal

MarketClub’s Trade Triangles for SP500-10101020

long term down The long-term trend has been DOWN since Jun 23rd, 2022 at 294.02

intermediate term up The intermediate-term trend has been UP since Aug 11th, 2022 at 286.40

short term up The short-term trend has been UP since Aug 18th, 2022 at 283.13

Smart Scan Analysis for SP500-10101020

Based on our trend formula, SP500-10101020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP500-10101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
279.93 285.91 278.87 285.32 +11.49
Prev. Close Volume Bid Ask Time
285.32 31838517 2022-08-18 16:20:08
52wk High589.4352wk High Date2018-01-23
52wk Low346.6152wk Low Date2018-11-28
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