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Index Trend Analysis Report

Prepared for you on Saturday, July 20, 2024.

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

Weak Uptrend (+65) - SP500-3520 is showing signs of weakening momentum to the upside. Monitor 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
1420.47 1431.25 1414.87 1420.14 +3.67
Entry Signal

MarketClub’s Trade Triangles for SP500-3520

long term up The long-term trend has been UP since Jan 2nd, 2024 at 1281.28

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 1440.35

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 1440.78

Smart Scan Analysis for SP500-3520

Based on our trend formula, SP500-3520 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SP500-3520
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1420.47 1431.25 1414.87 1420.14 +3.67
Prev. Close Volume Bid Ask Time
1420.14 96858542 2024-07-19 16:19:47
52wk High941.9252wk High Date2018-10-03
52wk Low775.1352wk Low Date2018-05-03
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