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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

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

Long-Term Uptrend (+90) - SP500-101020 is in a strong uptrend that is likely to continue. While SP500-101020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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
815.45 830.94 809.65 825.23 +6.15
Entry Signal

MarketClub’s Trade Triangles for SP500-101020

long term up The long-term trend has been UP since Mar 1st, 2024 at 740.94

intermediate term up The intermediate-term trend has been UP since Jan 30th, 2024 at 718.16

short term up The short-term trend has been UP since Apr 19th, 2024 at 822.53

Smart Scan Analysis for SP500-101020

Based on our trend formula, SP500-101020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
815.45 830.94 809.65 825.23 +6.15
Prev. Close Volume Bid Ask Time
825.23 105617284 2024-04-22 16:20:08
52wk High622.6152wk High Date2018-10-09
52wk Low498.852wk Low Date2018-02-09
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