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Index Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

S&P 500 Footwear (Sub Ind) (CME:SP500-25203020)

Bear Market Rally (-75) - SP500-25203020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP500-25203020 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SP500-25203020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25203020.

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

CME_SP500-25203020
Open High Low SP500-25203020 Price Change
2533.77 2555.60 2509.27 2515.04 -15.56
Entry Signal

MarketClub’s Trade Triangles for SP500-25203020

long term down The long-term trend has been DOWN since Feb 2nd, 2024 at 3027.60

intermediate term up The intermediate-term trend has been UP since Aug 13th, 2024 at 2421.88

short term down The short-term trend has been DOWN since Aug 28th, 2024 at 2632.63

Smart Scan Analysis for SP500-25203020

Based on our trend formula, SP500-25203020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SP500-25203020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2533.77 2555.60 2509.27 2515.04 -15.56
Prev. Close Volume Bid Ask Time
2515.04 8888189 2024-09-06 16:19:53
52wk High2612.1852wk High Date2018-09-21
52wk Low1801.3852wk Low Date2017-12-01
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