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Index Trend Analysis Report

Prepared for you on Saturday, May 30, 2020.

S&P 500 Drug Retail (Sub Ind) (CME:SP500-30101010)

Bull Market Weakness (+75) - SP500-30101010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-30101010 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-30101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30101010.

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

CME_SP500-30101010
Open High Low SP500-30101010 Price Change
612.04 633.11 608.21 632.67 +16.35
Entry Signal

MarketClub’s Trade Triangles for SP500-30101010

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 759.82

intermediate term up The intermediate-term trend has been UP since May 27th, 2020 at 637.68

short term up The short-term trend has been UP since May 26th, 2020 at 600.40

Smart Scan Analysis for SP500-30101010

Based on our trend formula, SP500-30101010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP500-30101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
612.04 633.11 608.21 632.67 +16.35
Prev. Close Volume Bid Ask Time
665.38 8580999 2020-05-29 16:19:53
52wk High1254.2952wk High Date2018-11-29
52wk Low870.9252wk Low Date2018-06-29
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