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Index Trend Analysis Report

Prepared for you on Thursday, August 11, 2022.

S&P 500 Restaurants (Sub Ind) (CME:SP500-25301040)

Long-Term Uptrend (+90) - SP500-25301040 is in a strong uptrend that is likely to continue. While SP500-25301040 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 SP500-25301040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25301040.

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

CME_SP500-25301040
Open High Low SP500-25301040 Price Change
2343.89 2346.45 2311.48 2315.81 -12.30
Entry Signal

MarketClub’s Trade Triangles for SP500-25301040

long term up The long-term trend has been UP since Jul 28th, 2022 at 2301.52

intermediate term up The intermediate-term trend has been UP since Jul 5th, 2022 at 2174.70

short term up The short-term trend has been UP since Aug 10th, 2022 at 2311.20

Smart Scan Analysis for SP500-25301040

Based on our trend formula, SP500-25301040 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-25301040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2343.89 2346.45 2311.48 2315.81 -12.30
Prev. Close Volume Bid Ask Time
2328.11 8795069 2022-08-11 15:52:53
52wk High1651.9152wk High Date2018-11-12
52wk Low1311.252wk Low Date2018-06-28
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