Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P 500 EQUAL WEIGHTED Health Care (Sector) (CME:SP500EW-35)

Long-Term Downtrend (-90) - SP500EW-35 is in a strong downtrend that is likely to continue. While SP500EW-35 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP500EW-35?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-35.

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

CME_SP500EW-35
Open High Low SP500EW-35 Price Change
18151.58 18197.87 18046.20 18094.46 -57.12
Entry Signal

MarketClub’s Trade Triangles for SP500EW-35

long term down The long-term trend has been DOWN since Apr 17th, 2024 at 18216.48

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 19146.56

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 19329.10

Smart Scan Analysis for SP500EW-35

Based on our trend formula, SP500EW-35 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP500EW-35
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18151.58 18197.87 18046.20 18094.46 -57.12
Prev. Close Volume Bid Ask Time
18151.58 0 2024-04-18 16:19:45
52wk High12819.0652wk High Date2018-10-01
52wk Low10669.7352wk Low Date2018-04-06
Get a free daily analysis and signals for S&P 500 EQUAL WEIGHTED Health Care (Sector) (SP500EW-35) - Request Your Free Report.