Free Daily Analysis
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.
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MarketClub’s Trade Triangles for SP500-30101010
The long-term trend has been DOWN since Jan 30th, 2020 at 759.82
The intermediate-term trend has been UP since May 27th, 2020 at 637.68
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).
| 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 High | 1254.29 | 52wk High Date | 2018-11-29 |
| 52wk Low | 870.92 | 52wk Low Date | 2018-06-29 |