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Index Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

S&P 500 Integrated Telecommunication Services (Sub Ind) (CME:SP500-50101020)

Bull Market Weakness (+75) - SP500-50101020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-50101020 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-50101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-50101020.

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

CME_SP500-50101020
Open High Low SP500-50101020 Price Change
111.91 112.34 111.59 112.19 +0.31
Entry Signal

MarketClub’s Trade Triangles for SP500-50101020

long term up The long-term trend has been UP since Nov 1st, 2023 at 100.26

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 111.06

short term up The short-term trend has been UP since May 7th, 2024 at 111.52

Smart Scan Analysis for SP500-50101020

Based on our trend formula, SP500-50101020 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP500-50101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
111.91 112.34 111.59 112.19 +0.31
Prev. Close Volume Bid Ask Time
111.88 12683978 2024-05-09 12:50:53
52wk High177.0252wk High Date2018-02-01
52wk Low145.3852wk Low Date2018-05-09
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