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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P 500 Financials (Sector) (TR) (CME:SP500-40TR)

Sidelines Mode (-55) - SP500-40TR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-40TR?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-40TR.

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

CME_SP500-40TR
Open High Low SP500-40TR Price Change
1272.63 1273.73 1258.97 1270.46 -6.38
Entry Signal

MarketClub’s Trade Triangles for SP500-40TR

long term up The long-term trend has been UP since Nov 22nd, 2023 at 1085.94

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 1260.41

short term up The short-term trend has been UP since Apr 19th, 2024 at 1247.91

Smart Scan Analysis for SP500-40TR

Based on our trend formula, SP500-40TR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-40TR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1272.63 1273.73 1258.97 1270.46 -6.38
Prev. Close Volume Bid Ask Time
1270.46 0 2024-04-25 16:19:47
52wk High825.656252wk High Date2018-01-29
52wk Low678.565452wk Low Date2017-12-06
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