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Index Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

S&P 500 Utilities (Industry Group) (CME:SP500-5510)

Bull Market Weakness (+75) - SP500-5510 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-5510 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-5510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-5510.

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

CME_SP500-5510
Open High Low SP500-5510 Price Change
402.86 407.14 401.12 407.04 +2.68
Entry Signal

MarketClub’s Trade Triangles for SP500-5510

long term up The long-term trend has been UP since Apr 9th, 2024 at 333.90

intermediate term down The intermediate-term trend has been DOWN since Nov 1st, 2024 at 396.61

short term up The short-term trend has been UP since Nov 18th, 2024 at 401.68

Smart Scan Analysis for SP500-5510

Based on our trend formula, SP500-5510 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP500-5510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
402.86 407.14 401.12 407.04 +2.68
Prev. Close Volume Bid Ask Time
407.04 110899425 2024-11-19 16:55:28
52wk High286.9452wk High Date2017-12-01
52wk Low240.452wk Low Date2018-02-06
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