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Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
S&P 500 Oil & Gas Storage & Transportation (Sub Ind) (CME:SP500-10102040)
Long-Term Downtrend (-90) - SP500-10102040 is in a strong downtrend that is likely to continue. While SP500-10102040 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 SP500-10102040?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10102040.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500-10102040
The long-term trend has been DOWN since Jun 15th, 2022 at 185.30
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 202.90
The short-term trend has been DOWN since Jul 1st, 2022 at 178.55
Smart Scan Analysis for SP500-10102040
Based on our trend formula, SP500-10102040 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 179.31 | 179.51 | 171.94 | 177.12 | -5.47 |
| Prev. Close | Volume | Bid | Ask | Time |
| 177.12 | 34837199 | 2022-07-05 17:04:12 |
| 52wk High | 198.93 | 52wk High Date | 2018-01-16 |
| 52wk Low | 156.24 | 52wk Low Date | 2018-04-03 |