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Index Trend Analysis Report

Prepared for you on Sunday, August 7, 2022.

S&P 500 Packaged Foods & Meats (Sub Ind) (CME:SP500-30202030)

Sidelines Mode (+55) - SP500-30202030 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-30202030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30202030.

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

CME_SP500-30202030
Open High Low SP500-30202030 Price Change
656.73 660.73 651.80 660.55 +2.74
Entry Signal

MarketClub’s Trade Triangles for SP500-30202030

long term down The long-term trend has been DOWN since Jun 14th, 2022 at 602.86

intermediate term up The intermediate-term trend has been UP since Jul 28th, 2022 at 655.83

short term down The short-term trend has been DOWN since Aug 4th, 2022 at 657.38

Smart Scan Analysis for SP500-30202030

Based on our trend formula, SP500-30202030 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP500-30202030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
656.73 660.73 651.80 660.55 +2.74
Prev. Close Volume Bid Ask Time
660.55 24190421 2022-08-05 17:04:33
52wk High578.1352wk High Date2018-01-25
52wk Low464.5652wk Low Date2018-05-03
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