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Index Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

S&P 500 Food Beverage & Tobacco (Industry Group) (CME:SP500-3020)

Strong Downtrend (-100) - SP500-3020 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP500-3020 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP500-3020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3020.

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

CME_SP500-3020
Open High Low SP500-3020 Price Change
831.09 837.57 826.00 834.20 +0.34
Entry Signal

MarketClub’s Trade Triangles for SP500-3020

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 841.15

intermediate term down The intermediate-term trend has been DOWN since Sep 26th, 2024 at 873.10

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 844.92

Smart Scan Analysis for SP500-3020

Based on our trend formula, SP500-3020 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP500-3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
831.09 837.57 826.00 834.20 +0.34
Prev. Close Volume Bid Ask Time
834.20 101645353 2024-12-10 16:19:53
52wk High742.9452wk High Date2018-01-29
52wk Low604.6752wk Low Date2018-05-15
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