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Index Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

S&P 500 Automotive Retail (Sub Ind) (CME:SP500-25504050)

Countertrend Up (+85) - SP500-25504050 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP500-25504050?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25504050.

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

CME_SP500-25504050
Open High Low SP500-25504050 Price Change
1794.24 1799.45 1783.12 1796.88 -2.90
Entry Signal

MarketClub’s Trade Triangles for SP500-25504050

long term up The long-term trend has been UP since Aug 1st, 2022 at 1712.51

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2022 at 1636.83

short term down The short-term trend has been DOWN since Aug 19th, 2022 at 1793.47

Smart Scan Analysis for SP500-25504050

Based on our trend formula, SP500-25504050 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP500-25504050
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1794.24 1799.45 1783.12 1796.88 -2.90
Prev. Close Volume Bid Ask Time
1799.78 2058989 2022-08-19 16:19:53
52wk High903.3352wk High Date2018-11-29
52wk Low613.8952wk Low Date2018-04-20
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