Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P 500 Utilities (Sector) (CME:SP500-55)

Crossroads (-60) - SP500-55 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 SP500-55?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-55.

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

CME_SP500-55
Open High Low SP500-55 Price Change
328.25 329.55 321.81 323.11 -2.97
Entry Signal

MarketClub’s Trade Triangles for SP500-55

long term up The long-term trend has been UP since Apr 4th, 2024 at 333.91

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 321.96

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 326.33

Smart Scan Analysis for SP500-55

Based on our trend formula, SP500-55 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP500-55
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
328.25 329.55 321.81 323.11 -2.97
Prev. Close Volume Bid Ask Time
323.11 103579175 2024-04-15 17:04:07
52wk High286.9952wk High Date2017-12-01
52wk Low240.3752wk Low Date2018-02-06
Get a free daily analysis and signals for S&P 500 Utilities (Sector) (SP500-55) - Request Your Free Report.