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Index Trend Analysis Report
Prepared for you on Wednesday, August 5, 2020.
S&P 500 Investment Banking & Brokerage (Sub Ind) (CME:SP500-40203020)
Countertrend Up (+85) - SP500-40203020 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 SP500-40203020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-40203020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500-40203020
The long-term trend has been UP since Jun 4th, 2020 at 146.35
The intermediate-term trend has been UP since Jul 13th, 2020 at 141.65
The short-term trend has been UP since Aug 4th, 2020 at 138.24
Smart Scan Analysis for SP500-40203020
Based on our trend formula, SP500-40203020 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 139.36 | 139.64 | 139.25 | 139.49 | +1.16 |
| Prev. Close | Volume | Bid | Ask | Time |
| 133.23 | 691143 | 2020-08-05 09:35:38 |
| 52wk High | 189.98 | 52wk High Date | 2018-03-12 |
| 52wk Low | 138.65 | 52wk Low Date | 2018-11-20 |