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Index Trend Analysis Report
Prepared for you on Saturday, September 7, 2024.
S&P 500 Minimum Volatility Index (CME:SP5MV)
Sidelines Mode (+55) - SP5MV is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP5MV?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP5MV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP5MV
The long-term trend has been UP since Dec 1st, 2023 at 11001.35
The intermediate-term trend has been UP since Aug 15th, 2024 at 12813.22
The short-term trend has been DOWN since Sep 3rd, 2024 at 13032.14
Smart Scan Analysis for SP5MV
Based on our trend formula, SP5MV is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 13047.23 | 13088.72 | 12899.23 | 12912.23 | -122.53 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12912.23 | 0 | 2024-09-06 16:19:49 |
| 52wk High | 8235.05 | 52wk High Date | 2017-12-06 |
| 52wk Low | 7113.62 | 52wk Low Date | 2018-02-09 |