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Index Trend Analysis Report

Prepared for you on Friday, October 4, 2024.

S&P 500 Consumer Staples (Sector) (CME:SP500-30)

Sidelines Mode (+55) - SP500-30 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 SP500-30?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30.

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

CME_SP500-30
Open High Low SP500-30 Price Change
875.67 875.94 868.84 871.08 -7.40
Entry Signal

MarketClub’s Trade Triangles for SP500-30

long term up The long-term trend has been UP since Jan 2nd, 2024 at 762.96

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 878.73

short term up The short-term trend has been UP since Sep 30th, 2024 at 892.31

Smart Scan Analysis for SP500-30

Based on our trend formula, SP500-30 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP500-30
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
875.67 875.94 868.84 871.08 -7.40
Prev. Close Volume Bid Ask Time
871.08 153642037 2024-10-03 16:18:54
52wk High606.952wk High Date2018-01-29
52wk Low500.252wk Low Date2018-05-03
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