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Index Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
S&P 500 Trading Companies & Distributors (Sub Ind) (CME:SP500-20107010)
Sidelines Mode (-55) - SP500-20107010 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 SP500-20107010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20107010.
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 SP500-20107010
The long-term trend has been UP since Aug 8th, 2022 at 1060.75
The intermediate-term trend has been DOWN since Jul 27th, 2023 at 1317.05
The short-term trend has been UP since Sep 20th, 2023 at 1289.63
Smart Scan Analysis for SP500-20107010
Based on our trend formula, SP500-20107010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1248.61 | 1258.12 | 1246.74 | 1247.90 | -2.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1247.90 | 2762351 | 2023-09-22 16:19:53 |
| 52wk High | 616.7 | 52wk High Date | 2018-08-21 |
| 52wk Low | 452.75 | 52wk Low Date | 2018-10-26 |