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Index Trend Analysis Report

Prepared for you on Friday, May 7, 2021.

S&P 500 Electric Utilities (Sub Ind) (CME:SP500-55101010)

Crossroads (-60) - SP500-55101010 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-55101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-55101010.

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

CME_SP500-55101010
Open High Low SP500-55101010 Price Change
373.61 377.24 373.39 375.83 +2.39
Entry Signal

MarketClub’s Trade Triangles for SP500-55101010

long term up The long-term trend has been UP since Apr 13th, 2021 at 374.55

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2021 at 369.27

short term down The short-term trend has been DOWN since May 5th, 2021 at 374.28

Smart Scan Analysis for SP500-55101010

Based on our trend formula, SP500-55101010 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP500-55101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
373.61 377.24 373.39 375.83 +2.39
Prev. Close Volume Bid Ask Time
373.44 13615468 2021-05-07 12:06:38
52wk High318.4952wk High Date2017-12-01
52wk Low264.5452wk Low Date2018-02-06
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