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Index Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

S&P 500 Banks (Industry Group) (TR) (CME:SP500-4010TR)

Long-Term Uptrend (+90) - SP500-4010TR is in a strong uptrend that is likely to continue. While SP500-4010TR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP500-4010TR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4010TR.

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

CME_SP500-4010TR
Open High Low SP500-4010TR Price Change
618.23 618.23 599.34 600.16 -17.90
Entry Signal

MarketClub’s Trade Triangles for SP500-4010TR

long term up The long-term trend has been UP since Nov 9th, 2020 at 549.73

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 530.50

short term up The short-term trend has been UP since Nov 2nd, 2020 at 500.66

Smart Scan Analysis for SP500-4010TR

Based on our trend formula, SP500-4010TR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-4010TR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
618.23 618.23 599.34 600.16 -17.90
Prev. Close Volume Bid Ask Time
525.34 0 2020-11-30 16:20:05
52wk High706.7652wk High Date2018-01-29
52wk Low582.9252wk Low Date2018-10-24
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