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Index Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

S&P 500 Food Distributors (Sub Ind) (CME:SP500-30101020)

Weak Downtrend (-65) - SP500-30101020 is showing signs of a strengthening downtrend. Monitor SP500-30101020 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-30101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30101020.

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

CME_SP500-30101020
Open High Low SP500-30101020 Price Change
993.41 1000.49 983.58 986.57 +6.47
Entry Signal

MarketClub’s Trade Triangles for SP500-30101020

long term up The long-term trend has been UP since Feb 9th, 2022 at 980.22

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2022 at 1014.04

short term down The short-term trend has been DOWN since Aug 9th, 2022 at 1020.28

Smart Scan Analysis for SP500-30101020

Based on our trend formula, SP500-30101020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-30101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
993.41 1000.49 983.58 986.57 +6.47
Prev. Close Volume Bid Ask Time
986.57 2222355 2022-08-11 16:20:08
52wk High911.2652wk High Date2018-08-24
52wk Low671.7552wk Low Date2018-02-06
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