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Index Trend Analysis Report

Prepared for you on Friday, June 21, 2024.

S&P 500 Information Technology (Sector) (CME:SP500-45)

Bull Market Weakness (+75) - SP500-45 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-45 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-45?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45.

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

CME_SP500-45
Open High Low SP500-45 Price Change
4371.49 4411.64 4341.51 4360.22 -36.86
Entry Signal

MarketClub’s Trade Triangles for SP500-45

long term up The long-term trend has been UP since Nov 10th, 2023 at 3177.30

intermediate term up The intermediate-term trend has been UP since May 10th, 2024 at 3809.23

short term down The short-term trend has been DOWN since Jun 21st, 2024 at 4378.92

Smart Scan Analysis for SP500-45

Based on our trend formula, SP500-45 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP500-45
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4371.49 4411.64 4341.51 4360.22 -36.86
Prev. Close Volume Bid Ask Time
4397.08 1590359710 2024-06-21 16:19:29
52wk High1338.9552wk High Date2018-10-03
52wk Low1057.5152wk Low Date2018-02-09
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