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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P 500 Consumer Services (Industry Group) (CME:SP500-2530)

Long-Term Downtrend (-90) - SP500-2530 is in a strong downtrend that is likely to continue. While SP500-2530 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP500-2530?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-2530.

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

CME_SP500-2530
Open High Low SP500-2530 Price Change
1556.76 1557.28 1545.12 1549.59 +7.30
Entry Signal

MarketClub’s Trade Triangles for SP500-2530

long term down The long-term trend has been DOWN since May 1st, 2024 at 1608.11

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2024 at 1612.39

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 1620.64

Smart Scan Analysis for SP500-2530

Based on our trend formula, SP500-2530 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP500-2530
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1556.76 1557.28 1545.12 1549.59 +7.30
Prev. Close Volume Bid Ask Time
1542.29 98686520 2024-07-26 16:19:53
52wk High1140.0952wk High Date2018-01-24
52wk Low966.7652wk Low Date2018-06-28
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