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Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
S&P 500 Inverse (CME:SP500INV)
Bull Market Weakness (+75) - SP500INV is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500INV as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500INV?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500INV.
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 SP500INV
The long-term trend has been DOWN since Dec 12th, 2023 at 85.96
The intermediate-term trend has been UP since Apr 10th, 2024 at 79.65
The short-term trend has been UP since Apr 2nd, 2024 at 78.51
Smart Scan Analysis for SP500INV
Based on our trend formula, SP500INV is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 81.25 | 81.96 | 80.83 | 81.72 | +0.50 |
| Prev. Close | Volume | Bid | Ask | Time |
| 81.72 | 0 | 2024-04-17 16:19:35 |
| 52wk High | 180.51 | 52wk High Date | 2018-02-09 |
| 52wk Low | 155.47 | 52wk Low Date | 2018-09-21 |