Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P 500 Food Distributors (Sub Ind) (CME:SP500-30101020)

Crossroads (-60) - SP500-30101020 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-30101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30101020.

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

CME_SP500-30101020
Open High Low SP500-30101020 Price Change
928.05 934.04 918.81 924.33 -2.64
Entry Signal

MarketClub’s Trade Triangles for SP500-30101020

long term up The long-term trend has been UP since Dec 1st, 2023 at 868.08

intermediate term down The intermediate-term trend has been DOWN since Apr 4th, 2024 at 955.51

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 918.87

Smart Scan Analysis for SP500-30101020

Based on our trend formula, SP500-30101020 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP500-30101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
928.05 934.04 918.81 924.33 -2.64
Prev. Close Volume Bid Ask Time
924.33 2295710 2024-04-25 16:19:53
52wk High911.2652wk High Date2018-08-24
52wk Low671.7552wk Low Date2018-02-06
Get a free daily analysis and signals for S&P 500 Food Distributors (Sub Ind) (SP500-30101020) - Request Your Free Report.