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Index Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
S&P 500 Railroads (Sub Ind) (CME:SP500-20304010)
Long-Term Uptrend (+90) - SP500-20304010 is in a strong uptrend that is likely to continue. While SP500-20304010 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500-20304010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20304010.
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 SP500-20304010
The long-term trend has been UP since Oct 15th, 2021 at 2938.84
The intermediate-term trend has been UP since Dec 6th, 2021 at 3134.33
The short-term trend has been UP since Dec 3rd, 2021 at 3072.35
Smart Scan Analysis for SP500-20304010
Based on our trend formula, SP500-20304010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3159.56 | 3189.45 | 3152.22 | 3159.86 | +18.96 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3159.86 | 15096324 | 2021-12-07 16:19:53 |
| 52wk High | 2029.27 | 52wk High Date | 2018-10-01 |
| 52wk Low | 1446.76 | 52wk Low Date | 2018-02-09 |