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Index Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

S&P 500 - Pharmaceuticals (Sub Ind) (CME:SP500-35202010)

Long-Term Downtrend (-90) - SP500-35202010 is in a strong downtrend that is likely to continue. While SP500-35202010 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 SP500-35202010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-35202010.

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

CME_SP500-35202010
Open High Low SP500-35202010 Price Change
1043.26 1043.26 1036.07 1040.23 +7.80
Entry Signal

MarketClub’s Trade Triangles for SP500-35202010

long term down The long-term trend has been DOWN since Oct 30th, 2024 at 1083.54

intermediate term down The intermediate-term trend has been DOWN since Sep 27th, 2024 at 1172.61

short term down The short-term trend has been DOWN since Nov 13th, 2024 at 1084.68

Smart Scan Analysis for SP500-35202010

Based on our trend formula, SP500-35202010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP500-35202010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1043.26 1043.26 1036.07 1040.23 +7.80
Prev. Close Volume Bid Ask Time
1032.43 13704042 2024-11-21 10:33:18
52wk High718.2152wk High Date2018-11-29
52wk Low577.4152wk Low Date2018-05-03
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