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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.

CME_SP500-40203020
Open High Low SP500-40203020 Price Change
139.36 139.64 139.25 139.49 +1.16
Entry Signal

MarketClub’s Trade Triangles for SP500-40203020

long term up The long-term trend has been UP since Jun 4th, 2020 at 146.35

intermediate term up The intermediate-term trend has been UP since Jul 13th, 2020 at 141.65

short term up 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).

+80
Smart Scan Analysis for SP500-40203020
Strong Downtrend Sideways 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 High189.9852wk High Date2018-03-12
52wk Low138.6552wk Low Date2018-11-20
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