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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P 500 Energy (Industry Group) (CME:SP500-1010)

Countertrend Down (-85) - SP500-1010 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP500-1010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-1010.

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

CME_SP500-1010
Open High Low SP500-1010 Price Change
647.28 647.95 643.39 644.70 -2.69
Entry Signal

MarketClub’s Trade Triangles for SP500-1010

long term down The long-term trend has been DOWN since Dec 19th, 2024 at 632.97

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2024 at 710.88

short term up The short-term trend has been UP since Dec 24th, 2024 at 646.84

Smart Scan Analysis for SP500-1010

Based on our trend formula, SP500-1010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP500-1010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
647.28 647.95 643.39 644.70 -2.69
Prev. Close Volume Bid Ask Time
647.39 47835565 2024-12-26 14:31:53
52wk High583.4252wk High Date2018-05-22
52wk Low466.9752wk Low Date2018-11-23
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