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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P 400 Oil & Gas Equipment & Services (Sub Ind) (CME:SP400-10101020)

Long-Term Downtrend (-90) - SP400-10101020 is in a strong downtrend that is likely to continue. While SP400-10101020 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP400-10101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-10101020.

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

CME_SP400-10101020
Open High Low SP400-10101020 Price Change
246.04 247.95 242.26 247.52 +2.10
Entry Signal

MarketClub’s Trade Triangles for SP400-10101020

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 322.30

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2024 at 281.76

short term down The short-term trend has been DOWN since Dec 4th, 2024 at 282.83

Smart Scan Analysis for SP400-10101020

Based on our trend formula, SP400-10101020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP400-10101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
246.04 247.95 242.26 247.52 +2.10
Prev. Close Volume Bid Ask Time
247.52 2454191 2024-12-24 13:19:54
52wk High626.5752wk High Date2018-05-22
52wk Low375.6752wk Low Date2018-11-28
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