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Index Trend Analysis Report

Prepared for you on Wednesday, October 4, 2023.

S&P 500 Oil & Gas Storage & Transportation (Sub Ind) (CME:SP500-10102040)

Crossroads (-60) - SP500-10102040 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-10102040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10102040.

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

CME_SP500-10102040
Open High Low SP500-10102040 Price Change
191.06 191.72 189.40 191.72 -0.46
Entry Signal

MarketClub’s Trade Triangles for SP500-10102040

long term up The long-term trend has been UP since Jul 11th, 2023 at 195.85

intermediate term down The intermediate-term trend has been DOWN since Sep 26th, 2023 at 196.96

short term down The short-term trend has been DOWN since Sep 29th, 2023 at 196.55

Smart Scan Analysis for SP500-10102040

Based on our trend formula, SP500-10102040 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP500-10102040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
191.06 191.72 189.40 191.72 -0.46
Prev. Close Volume Bid Ask Time
191.72 33557439 2023-10-03 17:07:50
52wk High198.9352wk High Date2018-01-16
52wk Low156.2452wk Low Date2018-04-03
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