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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P 500 Railroads (Sub Ind) (CME:SP500-20304010)

Countertrend Down (-85) - SP500-20304010 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP500-20304010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20304010.

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

CME_SP500-20304010
Open High Low SP500-20304010 Price Change
2937.84 2965.06 2937.84 2942.35 -8.65
Entry Signal

MarketClub’s Trade Triangles for SP500-20304010

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 2858.26

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 3048.56

short term up The short-term trend has been UP since Apr 25th, 2024 at 2940.38

Smart Scan Analysis for SP500-20304010

Based on our trend formula, SP500-20304010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP500-20304010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2937.84 2965.06 2937.84 2942.35 -8.65
Prev. Close Volume Bid Ask Time
2951.00 2320074 2024-04-26 10:40:23
52wk High2029.2752wk High Date2018-10-01
52wk Low1446.7652wk Low Date2018-02-09
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