Index Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
S&P 100 Equal Weight Price Return (USD) Index (CME:SPOEXEUP)
Long-Term Uptrend (+90) - SPOEXEUP is in a strong uptrend that is likely to continue. While SPOEXEUP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPOEXEUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPOEXEUP.
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 SPOEXEUP
The long-term trend has been UP since Dec 1st, 2023 at 3829.4
The intermediate-term trend has been UP since May 6th, 2024 at 4251.1
The short-term trend has been UP since May 6th, 2024 at 4245.2
Smart Scan Analysis for SPOEXEUP
Based on our trend formula, SPOEXEUP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
4366.38 | 4374.02 | 4351.69 | 4353.86 | -12.52 |
Prev. Close | Volume | Bid | Ask | Time |
4366.38 | 0 | 2024-05-20 17:03:44 |