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Index Trend Analysis Report

Prepared for you on Wednesday, January 20, 2021.

S&P 500 Technology Hardware, Storage & Peripherals (Industry) (CME:SP500-452020)

Sidelines Mode (+55) - SP500-452020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-452020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-452020.

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

CME_SP500-452020
Open High Low SP500-452020 Price Change
5669.13 5700.47 5629.45 5667.07 +28.51
Entry Signal

MarketClub’s Trade Triangles for SP500-452020

long term up The long-term trend has been UP since Jun 3rd, 2020 at 3623.55

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2020 at 5293.63

short term down The short-term trend has been DOWN since Jan 12th, 2021 at 5670.90

Smart Scan Analysis for SP500-452020

Based on our trend formula, SP500-452020 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP500-452020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5669.13 5700.47 5629.45 5667.07 +28.51
Prev. Close Volume Bid Ask Time
4867.84 118839035 2021-01-19 16:18:08
52wk High2755.6852wk High Date2018-10-03
52wk Low1838.8252wk Low Date2018-02-09
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