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Index Trend Analysis Report

Prepared for you on Monday, December 4, 2023.

S&P 500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP500-3520)

Bull Market Weakness (+75) - SP500-3520 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-3520 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-3520?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3520.

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

CME_SP500-3520
Open High Low SP500-3520 Price Change
1216.10 1227.44 1215.55 1227.35 +7.98
Entry Signal

MarketClub’s Trade Triangles for SP500-3520

long term down The long-term trend has been DOWN since Oct 25th, 2023 at 1194.55

intermediate term up The intermediate-term trend has been UP since Nov 30th, 2023 at 1212.32

short term up The short-term trend has been UP since Nov 30th, 2023 at 1210.73

Smart Scan Analysis for SP500-3520

Based on our trend formula, SP500-3520 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP500-3520
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1216.10 1227.44 1215.55 1227.35 +7.98
Prev. Close Volume Bid Ask Time
1219.37 49045673 2023-12-04 12:06:47
52wk High941.9252wk High Date2018-10-03
52wk Low775.1352wk Low Date2018-05-03
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