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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P 500 Communications Equipment (Sub Ind) (CME:SP500-45201020)

Weak Downtrend (-65) - SP500-45201020 is showing signs of a strengthening downtrend. Monitor SP500-45201020 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-45201020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45201020.

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

CME_SP500-45201020
Open High Low SP500-45201020 Price Change
301.06 301.69 298.85 299.08 -1.08
Entry Signal

MarketClub’s Trade Triangles for SP500-45201020

long term up The long-term trend has been UP since Jan 11th, 2024 at 301.70

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 306.90

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 309.65

Smart Scan Analysis for SP500-45201020

Based on our trend formula, SP500-45201020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-45201020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
301.06 301.69 298.85 299.08 -1.08
Prev. Close Volume Bid Ask Time
300.16 19296354 2024-04-16 17:04:07
52wk High230.0752wk High Date2018-10-03
52wk Low173.8752wk Low Date2017-12-01
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