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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.

CME_SP500-10102040
Open High Low SP500-10102040 Price Change
179.31 179.51 171.94 177.12 -5.47
Entry Signal

MarketClub’s Trade Triangles for SP500-10102040

long term down The long-term trend has been DOWN since Jun 15th, 2022 at 185.30

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 202.90

short term down 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).

-90
Smart Scan Analysis for SP500-10102040
Strong Downtrend Sideways 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 High198.9352wk High Date2018-01-16
52wk Low156.2452wk Low Date2018-04-03
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