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Index Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

S&P 500 Banks (Industry) (CME:SP500-401010)

Strong Uptrend (+100) - SP500-401010 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500-401010 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 SP500-401010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-401010.

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

CME_SP500-401010
Open High Low SP500-401010 Price Change
560.63 571.52 560.41 569.88 +6.88
Entry Signal

MarketClub’s Trade Triangles for SP500-401010

long term up The long-term trend has been UP since Dec 1st, 2023 at 452.39

intermediate term up The intermediate-term trend has been UP since May 8th, 2024 at 567.67

short term up The short-term trend has been UP since May 7th, 2024 at 564.22

Smart Scan Analysis for SP500-401010

Based on our trend formula, SP500-401010 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SP500-401010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
560.63 571.52 560.41 569.88 +6.88
Prev. Close Volume Bid Ask Time
569.88 130319094 2024-05-08 17:00:39
52wk High534.7352wk High Date2018-01-29
52wk Low433.6152wk Low Date2018-10-24
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