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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.

CME_SP500-20304010
Open High Low SP500-20304010 Price Change
3159.56 3189.45 3152.22 3159.86 +18.96
Entry Signal

MarketClub’s Trade Triangles for SP500-20304010

long term up The long-term trend has been UP since Oct 15th, 2021 at 2938.84

intermediate term up The intermediate-term trend has been UP since Dec 6th, 2021 at 3134.33

short term up 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).

+90
Smart Scan Analysis for SP500-20304010
Strong Downtrend Sideways 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 High2029.2752wk High Date2018-10-01
52wk Low1446.7652wk Low Date2018-02-09
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