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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P 500 EQUAL WEIGHTED Information Technology (Sector) (CME:SP500EW-45)
Sidelines Mode (-55) - SP500EW-45 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 SP500EW-45?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-45.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500EW-45
The long-term trend has been UP since Nov 29th, 2023 at 18533.65
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 20736.80
The short-term trend has been UP since Apr 24th, 2024 at 20180.95
Smart Scan Analysis for SP500EW-45
Based on our trend formula, SP500EW-45 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 20284.15 | 20560.84 | 20284.15 | 20472.05 | +191.58 |
| Prev. Close | Volume | Bid | Ask | Time |
| 20280.47 | 0 | 2024-04-26 16:19:45 |
| 52wk High | 10351.64 | 52wk High Date | 2018-09-21 |
| 52wk Low | 8412.15 | 52wk Low Date | 2018-02-09 |