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Index Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

S&P 500 Tobacco (Sub Ind) (CME:SP500-30203010)

Bull Market Weakness (+75) - SP500-30203010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-30203010 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-30203010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30203010.

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

CME_SP500-30203010
Open High Low SP500-30203010 Price Change
1044.76 1045.59 1037.09 1042.00 -3.28
Entry Signal

MarketClub’s Trade Triangles for SP500-30203010

long term down The long-term trend has been DOWN since Jun 22nd, 2022 at 993.57

intermediate term up The intermediate-term trend has been UP since Jul 27th, 2022 at 1005.09

short term up The short-term trend has been UP since Aug 11th, 2022 at 1020.06

Smart Scan Analysis for SP500-30203010

Based on our trend formula, SP500-30203010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP500-30203010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1044.76 1045.59 1037.09 1042.00 -3.28
Prev. Close Volume Bid Ask Time
1045.28 6342951 2022-08-18 16:20:08
52wk High1328.6252wk High Date2017-12-19
52wk Low960.0952wk Low Date2018-07-19
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