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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Countertrend Down (-85) - SP500-55 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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
387.64 389.22 386.82 387.81 -1.29
Entry Signal

MarketClub’s Trade Triangles for SP500-55

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 382.90

intermediate term down The intermediate-term trend has been DOWN since Dec 9th, 2024 at 400.31

short term up The short-term trend has been UP since Dec 24th, 2024 at 387.18

Smart Scan Analysis for SP500-55

Based on our trend formula, SP500-55 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP500-55
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
387.64 389.22 386.82 387.81 -1.29
Prev. Close Volume Bid Ask Time
389.10 22409479 2024-12-26 14:36:34
52wk High286.9952wk High Date2017-12-01
52wk Low240.3752wk Low Date2018-02-06
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