Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
S&P 400 Capital Goods (Industry Group) (CME:SP400-2010)
Bull Market Weakness (+75) - SP400-2010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP400-2010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP400-2010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-2010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP400-2010
The long-term trend has been DOWN since Oct 2nd, 2023 at 2179.97
The intermediate-term trend has been UP since Nov 14th, 2023 at 2175.08
The short-term trend has been UP since Nov 30th, 2023 at 2281.07
Smart Scan Analysis for SP400-2010
Based on our trend formula, SP400-2010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1334.71||52wk High Date||2018-09-21|
|52wk Low||1081.28||52wk Low Date||2018-10-29|