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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

S&P 500 Capital Goods (Industry Group) (CME:SP500-2010)

Long-Term Uptrend (+90) - SP500-2010 is in a strong uptrend that is likely to continue. While SP500-2010 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 SP500-2010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2010.

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

CME_SP500-2010
Open High Low SP500-2010 Price Change
1164.97 1166.90 1157.69 1159.45 -0.64
Entry Signal

MarketClub’s Trade Triangles for SP500-2010

long term up The long-term trend has been UP since Dec 6th, 2023 at 963.65

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 1141.12

short term up The short-term trend has been UP since May 6th, 2024 at 1130.48

Smart Scan Analysis for SP500-2010

Based on our trend formula, SP500-2010 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-2010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1164.97 1166.90 1157.69 1159.45 -0.64
Prev. Close Volume Bid Ask Time
1160.09 32292680 2024-05-10 13:11:08
52wk High739.3952wk High Date2018-01-29
52wk Low587.0752wk Low Date2018-10-29
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