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Index Trend Analysis Report

Prepared for you on Saturday, July 4, 2020.

S&P 500 Shariah Index (CME:SP500SH)

Long-Term Uptrend (+90) - SP500SH is in a strong uptrend that is likely to continue. While SP500SH is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP500SH?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500SH.

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

CME_SP500SH
Open High Low SP500SH Price Change
2998.71 3042.56 2998.71 3017.96 +19.25
Entry Signal

MarketClub’s Trade Triangles for SP500SH

long term up The long-term trend has been UP since Jun 2nd, 2020 at 2932.84

intermediate term up The intermediate-term trend has been UP since Apr 6th, 2020 at 2540.27

short term up The short-term trend has been UP since Jun 30th, 2020 at 2968.38

Smart Scan Analysis for SP500SH

Based on our trend formula, SP500SH is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500SH
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2998.71 3042.56 2998.71 3017.96 +19.25
Prev. Close Volume Bid Ask Time
2866.50 0 2020-07-02 16:19:55
52wk High264452wk High Date2018-10-03
52wk Low2206.0452wk Low Date2018-02-09
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