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Index Trend Analysis Report

Prepared for you on Friday, July 10, 2020.

S&P 500 - Biotechnology (Sub Ind) (CME:SP500-35201010)

Countertrend Up (+85) - SP500-35201010 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP500-35201010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-35201010.

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

Open High Low SP500-35201010 Price Change
4757.16 4782.21 4669.29 4727.29 -27.62
Entry Signal

MarketClub’s Trade Triangles for SP500-35201010

long term up The long-term trend has been UP since Apr 14th, 2020 at 4306.35

intermediate term up The intermediate-term trend has been UP since Jun 19th, 2020 at 4623.42

short term down The short-term trend has been DOWN since Jul 8th, 2020 at 4721.42

Smart Scan Analysis for SP500-35201010

Based on our trend formula, SP500-35201010 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SP500-35201010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4757.16 4782.21 4669.29 4727.29 -27.62
Prev. Close Volume Bid Ask Time
4391.25 18780716 2020-07-09 17:11:54
52wk High4515.6352wk High Date2018-01-29
52wk Low3501.4952wk Low Date2018-10-25
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