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Index Trend Analysis Report

Prepared for you on Sunday, July 14, 2024.

S&P 500 Investment Grade Corporate Bond Index (CME:SP5IGBIT)

Strong Uptrend (+100) - SP5IGBIT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP5IGBIT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

CME_SP5IGBIT
Open High Low SP5IGBIT Price Change
459.90 460.77 459.62 460.77 +0.92
Entry Signal

MarketClub’s Trade Triangles for SP5IGBIT

long term up The long-term trend has been UP since Jun 4th, 2024 at 454.24

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 458.01

short term up The short-term trend has been UP since Jul 3rd, 2024 at 453.40

Smart Scan Analysis for SP5IGBIT

Based on our trend formula, SP5IGBIT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SP5IGBIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
459.90 460.77 459.62 460.77 +0.92
Prev. Close Volume Bid Ask Time
460.77 0 2024-07-12 15:59:25
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