Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
S&P 500 Financials (Sector) (CME:SP500-40)
Strong Uptrend (+100) - SP500-40 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-40 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 SP500-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-40.
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 SP500-40
The long-term trend has been UP since Nov 29th, 2023 at 589.15
The intermediate-term trend has been UP since May 7th, 2024 at 685.57
The short-term trend has been UP since May 6th, 2024 at 678.98
Smart Scan Analysis for SP500-40
Based on our trend formula, SP500-40 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 684.20 | 688.52 | 682.50 | 687.41 | +2.72 |
| Prev. Close | Volume | Bid | Ask | Time |
| 684.69 | 242197781 | 2024-05-08 17:00:39 |
| 52wk High | 503.42 | 52wk High Date | 2018-01-29 |
| 52wk Low | 414.57 | 52wk Low Date | 2017-12-06 |