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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P 500 (CME:SP500)

Weak Downtrend (-65) - SP500 is showing signs of a strengthening downtrend. Monitor SP500 as it may be building momentum to the downside.

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

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

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

CME_SP500
Open High Low SP500 Price Change
4987.33 5038.84 4969.40 5010.60 +43.37
Entry Signal

MarketClub’s Trade Triangles for SP500

long term up The long-term trend has been UP since Nov 29th, 2023 at 4584.62

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 5131.59

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 5213.92

Smart Scan Analysis for SP500

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

-70
Smart Scan Analysis for SP500
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4987.33 5038.84 4969.40 5010.60 +43.37
Prev. Close Volume Bid Ask Time
5010.60 0 2024-04-22 16:20:01
52wk High2940.9152wk High Date2018-09-21
52wk Low2532.6952wk Low Date2018-02-09
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