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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.

CME_SP500-20107010
Open High Low SP500-20107010 Price Change
1248.61 1258.12 1246.74 1247.90 -2.03
Entry Signal

MarketClub’s Trade Triangles for SP500-20107010

long term up The long-term trend has been UP since Aug 8th, 2022 at 1060.75

intermediate term down The intermediate-term trend has been DOWN since Jul 27th, 2023 at 1317.05

short term up 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).

-55
Smart Scan Analysis for SP500-20107010
Strong Downtrend Sideways 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 High616.752wk High Date2018-08-21
52wk Low452.7552wk Low Date2018-10-26
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