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Index Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
S&P 500 Insurance (Industry Group) (CME:SP500-4030)
Long-Term Downtrend (-90) - SP500-4030 is in a strong downtrend that is likely to continue. While SP500-4030 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-4030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4030.
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 SP500-4030
The long-term trend has been DOWN since Feb 27th, 2020 at 423.81
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 366.80
The short-term trend has been DOWN since Sep 17th, 2020 at 370.17
Smart Scan Analysis for SP500-4030
Based on our trend formula, SP500-4030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 362.25 | 368.49 | 359.05 | 362.68 | -1.45 |
| Prev. Close | Volume | Bid | Ask | Time |
| 370.36 | 50817276 | 2020-09-22 16:19:53 |
| 52wk High | 426.24 | 52wk High Date | 2018-01-29 |
| 52wk Low | 353.06 | 52wk Low Date | 2018-10-26 |