Index Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
S&P 500 Automobiles (Industry) (CME:SP500-251020)
Crossroads (+60) - SP500-251020 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 SP500-251020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-251020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500-251020
The long-term trend has been DOWN since Oct 20th, 2023 at 87.91
The intermediate-term trend has been UP since Nov 14th, 2023 at 91.55
The short-term trend has been UP since Nov 21st, 2023 at 96.25
Smart Scan Analysis for SP500-251020
Based on our trend formula, SP500-251020 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||120.87||52wk High Date||2018-01-16|
|52wk Low||78.04||52wk Low Date||2018-10-24|