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Index Trend Analysis Report

Prepared for you on Friday, July 10, 2020.

S&P 500 Telecommunication Services (Industry Group) (TR) (CME:SP500-5010TR)

Strong Downtrend (-100) - SP500-5010TR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP500-5010TR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-5010TR.

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

CME_SP500-5010TR
Open High Low SP500-5010TR Price Change
417.75 417.75 405.59 407.42 -5.34
Entry Signal

MarketClub’s Trade Triangles for SP500-5010TR

long term down The long-term trend has been DOWN since Feb 27th, 2020 at 447.17

intermediate term down The intermediate-term trend has been DOWN since Jun 24th, 2020 at 406.35

short term down The short-term trend has been DOWN since Jul 9th, 2020 at 408.36

Smart Scan Analysis for SP500-5010TR

Based on our trend formula, SP500-5010TR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP500-5010TR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
417.75 417.75 405.59 407.42 -5.34
Prev. Close Volume Bid Ask Time
413.68 0 2020-07-09 17:11:54
52wk High409.8852wk High Date2018-02-01
52wk Low344.1752wk Low Date2018-05-09
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