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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

S&P 400 Aerospace & Defense (Sub Ind) (CME:SP400-20101010)

Long-Term Uptrend (+90) - SP400-20101010 is in a strong uptrend that is likely to continue. While SP400-20101010 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP400-20101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-20101010.

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

CME_SP400-20101010
Open High Low SP400-20101010 Price Change
20647.30 20655.57 20488.07 20513.10 -73.62
Entry Signal

MarketClub’s Trade Triangles for SP400-20101010

long term up The long-term trend has been UP since Nov 13th, 2023 at 16695.99

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 20145.02

short term up The short-term trend has been UP since Apr 23rd, 2024 at 18714.53

Smart Scan Analysis for SP400-20101010

Based on our trend formula, SP400-20101010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP400-20101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20647.30 20655.57 20488.07 20513.10 -73.62
Prev. Close Volume Bid Ask Time
20586.72 2285150 2024-05-10 16:19:50
52wk High7855.6552wk High Date2018-09-19
52wk Low6220.4452wk Low Date2018-02-09
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