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Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

S&P 500 Semiconductors (Sub Ind) (CME:SP500-45301020)

Crossroads (+60) - SP500-45301020 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-45301020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-45301020.

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

CME_SP500-45301020
Open High Low SP500-45301020 Price Change
4298.79 4358.54 4287.05 4346.81 +120.84
Entry Signal

MarketClub’s Trade Triangles for SP500-45301020

long term up The long-term trend has been UP since Nov 14th, 2023 at 2888.12

intermediate term down The intermediate-term trend has been DOWN since Apr 17th, 2024 at 4256.92

short term down The short-term trend has been DOWN since May 1st, 2024 at 4187.16

Smart Scan Analysis for SP500-45301020

Based on our trend formula, SP500-45301020 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SP500-45301020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4298.79 4358.54 4287.05 4346.81 +120.84
Prev. Close Volume Bid Ask Time
4346.81 183687105 2024-05-03 16:20:08
52wk High1076.1452wk High Date2018-06-07
52wk Low817.8852wk Low Date2018-11-20
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