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Index Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

S&P 500 Energy (Sector) (CME:SP500-10)

Sidelines Mode (-55) - SP500-10 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 SP500-10?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10.

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

CME_SP500-10
Open High Low SP500-10 Price Change
686.76 688.59 679.88 680.02 -4.63
Entry Signal

MarketClub’s Trade Triangles for SP500-10

long term up The long-term trend has been UP since Mar 1st, 2024 at 659.93

intermediate term down The intermediate-term trend has been DOWN since Apr 30th, 2024 at 714.54

short term up The short-term trend has been UP since Jun 18th, 2024 at 679.27

Smart Scan Analysis for SP500-10

Based on our trend formula, SP500-10 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-10
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
686.76 688.59 679.88 680.02 -4.63
Prev. Close Volume Bid Ask Time
680.02 380757944 2024-06-21 16:19:43
52wk High583.4352wk High Date2018-05-22
52wk Low466.9252wk Low Date2018-11-23
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