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Index Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

S&P 500 Technology Hardware & Equipment (Industry Group) (CME:SP500-4520)

Bull Market Weakness (+75) - SP500-4520 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-4520 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-4520?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-4520.

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

CME_SP500-4520
Open High Low SP500-4520 Price Change
3424.53 3441.43 3413.65 3437.58 +16.99
Entry Signal

MarketClub’s Trade Triangles for SP500-4520

long term down The long-term trend has been DOWN since Mar 4th, 2024 at 3354.09

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 3374.61

short term up The short-term trend has been UP since May 3rd, 2024 at 3314.92

Smart Scan Analysis for SP500-4520

Based on our trend formula, SP500-4520 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP500-4520
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3424.53 3441.43 3413.65 3437.58 +16.99
Prev. Close Volume Bid Ask Time
3437.58 109044081 2024-05-08 17:00:39
52wk High1368.9452wk High Date2018-10-03
52wk Low961.2552wk Low Date2018-02-09
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