Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
S&P 400 Financials (Sector) (CME:SP400-40)
Bull Market Weakness (+75) - SP400-40 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP400-40 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP400-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-40.
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 SP400-40
The long-term trend has been UP since Dec 1st, 2023 at 1165.12
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 1290.25
The short-term trend has been UP since May 1st, 2024 at 1295.97
Smart Scan Analysis for SP400-40
Based on our trend formula, SP400-40 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1307.11 | 1310.69 | 1298.11 | 1306.98 | +14.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1306.98 | 98632152 | 2024-05-03 16:19:34 |
| 52wk High | 1086.75 | 52wk High Date | 2018-03-13 |
| 52wk Low | 869.45 | 52wk Low Date | 2018-10-24 |