Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
S&P 500 Financials (Sector) (CME:SP500-40)
Long-Term Uptrend (+90) - SP500-40 is in a strong uptrend that is likely to continue. While SP500-40 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-40.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-40
The long-term trend has been UP since Nov 29th, 2023 at 589.15
The intermediate-term trend has been UP since Nov 14th, 2023 at 563.85
The short-term trend has been UP since Nov 10th, 2023 at 561.41
Smart Scan Analysis for SP500-40
Based on our trend formula, SP500-40 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 594.07 | 600.57 | 593.74 | 599.47 | +4.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 599.47 | 354997234 | 2023-12-01 16:51:12 |
| 52wk High | 503.42 | 52wk High Date | 2018-01-29 |
| 52wk Low | 414.57 | 52wk Low Date | 2017-12-06 |