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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P 500 Oil, Gas & Consumable Fuels (Industry) (CME:SP500-101020)

Countertrend Down (-85) - SP500-101020 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 SP500-101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-101020.

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

CME_SP500-101020
Open High Low SP500-101020 Price Change
732.90 733.49 728.72 729.79 -3.13
Entry Signal

MarketClub’s Trade Triangles for SP500-101020

long term down The long-term trend has been DOWN since Dec 19th, 2024 at 718.60

intermediate term down The intermediate-term trend has been DOWN since Dec 4th, 2024 at 804.31

short term up The short-term trend has been UP since Dec 24th, 2024 at 732.35

Smart Scan Analysis for SP500-101020

Based on our trend formula, SP500-101020 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP500-101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
732.90 733.49 728.72 729.79 -3.13
Prev. Close Volume Bid Ask Time
732.92 38825851 2024-12-26 14:32:08
52wk High622.6152wk High Date2018-10-09
52wk Low498.852wk Low Date2018-02-09
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