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Index Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
S&P 500 Investment Grade Corporate Bond Index (CME:SP5IGBIT)
Long-Term Uptrend (+90) - SP5IGBIT is in a strong uptrend that is likely to continue. While SP5IGBIT 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 SP5IGBIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP5IGBIT.
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 SP5IGBIT
The long-term trend has been UP since Jun 4th, 2021 at 488.55
The intermediate-term trend has been UP since Aug 30th, 2021 at 501.65
The short-term trend has been UP since Sep 20th, 2021 at 504.04
Smart Scan Analysis for SP5IGBIT
Based on our trend formula, SP5IGBIT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 503.27 | 503.27 | 502.39 | 502.74 | -0.34 |
| Prev. Close | Volume | Bid | Ask | Time |
| 503.08 | 0 | 2021-09-21 15:40:25 |