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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P 500 Consumer Discretionary (Sector) (CME:SP500-25)

Sidelines Mode (-55) - SP500-25 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-25?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25.

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

CME_SP500-25
Open High Low SP500-25 Price Change
1421.09 1439.69 1417.43 1430.49 +18.59
Entry Signal

MarketClub’s Trade Triangles for SP500-25

long term up The long-term trend has been UP since Dec 13th, 2023 at 1383.65

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1442.35

short term up The short-term trend has been UP since Apr 24th, 2024 at 1411.52

Smart Scan Analysis for SP500-25

Based on our trend formula, SP500-25 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1421.09 1439.69 1417.43 1430.49 +18.59
Prev. Close Volume Bid Ask Time
1411.90 345561600 2024-04-26 16:19:49
52wk High946.2952wk High Date2018-10-01
52wk Low756.8552wk Low Date2017-12-01
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