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Index Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

S&P 500 Construction Machinery & Heavy Trucks (Sub Ind) (CME:SP500-20106010)

Bull Market Weakness (+75) - SP500-20106010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-20106010 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-20106010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20106010.

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

CME_SP500-20106010
Open High Low SP500-20106010 Price Change
1255.99 1265.66 1250.68 1262.98 +18.46
Entry Signal

MarketClub’s Trade Triangles for SP500-20106010

long term down The long-term trend has been DOWN since Jun 17th, 2021 at 1300.37

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2021 at 1255.59

short term up The short-term trend has been UP since Oct 15th, 2021 at 1245.96

Smart Scan Analysis for SP500-20106010

Based on our trend formula, SP500-20106010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP500-20106010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1255.99 1265.66 1250.68 1262.98 +18.46
Prev. Close Volume Bid Ask Time
1262.98 7715196 2021-10-15 16:46:29
52wk High1102.1452wk High Date2018-01-25
52wk Low726.6752wk Low Date2018-10-26
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