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Index Trend Analysis Report

Prepared for you on Friday, May 20, 2022.

S&P ADR Index (CME:SPADR)

Bear Market Rally (-75) - SPADR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPADR as it may be in the beginning of a reversal.

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

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

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

CME_SPADR
Open High Low SPADR Price Change
1628.82 1652.63 1614.06 1641.60 +12.78
Entry Signal

MarketClub’s Trade Triangles for SPADR

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 1706.66

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2022 at 1757.91

short term up The short-term trend has been UP since May 13th, 2022 at 1615.42

Smart Scan Analysis for SPADR

Based on our trend formula, SPADR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPADR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1628.82 1652.63 1614.06 1641.60 +12.78
Prev. Close Volume Bid Ask Time
1628.82 0 2022-05-20 16:19:15
52wk High1753.8952wk High Date2018-01-25
52wk Low1423.8952wk Low Date2018-10-26
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