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Index Trend Analysis Report

Prepared for you on Tuesday, May 7, 2024.

S&P 500 Hotels, Resorts & Cruise Lines (Sub Ind) (CME:SP500-25301020)

Sidelines Mode (-55) - SP500-25301020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-25301020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25301020.

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

CME_SP500-25301020
Open High Low SP500-25301020 Price Change
727.03 730.44 724.46 724.53 -4.95
Entry Signal

MarketClub’s Trade Triangles for SP500-25301020

long term up The long-term trend has been UP since Dec 1st, 2023 at 634.93

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 728.46

short term up The short-term trend has been UP since May 3rd, 2024 at 733.14

Smart Scan Analysis for SP500-25301020

Based on our trend formula, SP500-25301020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-25301020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
727.03 730.44 724.46 724.53 -4.95
Prev. Close Volume Bid Ask Time
729.48 54745780 2024-05-07 17:06:16
52wk High644.1152wk High Date2018-01-30
52wk Low476.9852wk Low Date2018-10-29
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