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Index Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

S&P 500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP500-3520)

Crossroads (-60) - SP500-3520 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-3520?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3520.

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

CME_SP500-3520
Open High Low SP500-3520 Price Change
1224.06 1226.03 1216.65 1222.02 -12.42
Entry Signal

MarketClub’s Trade Triangles for SP500-3520

long term up The long-term trend has been UP since Dec 15th, 2021 at 1271.23

intermediate term down The intermediate-term trend has been DOWN since Jan 13th, 2022 at 1236.64

short term down The short-term trend has been DOWN since Jan 13th, 2022 at 1238.14

Smart Scan Analysis for SP500-3520

Based on our trend formula, SP500-3520 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP500-3520
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1224.06 1226.03 1216.65 1222.02 -12.42
Prev. Close Volume Bid Ask Time
1234.44 90770978 2022-01-18 15:20:23
52wk High941.9252wk High Date2018-10-03
52wk Low775.1352wk Low Date2018-05-03
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