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Index Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
S&P 400 Consumer Discretionary (Sector) (CME:SP400-25)
Sidelines Mode (-55) - SP400-25 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 SP400-25?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-25.
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 SP400-25
The long-term trend has been UP since Dec 1st, 2022 at 1102.76
The intermediate-term trend has been DOWN since May 4th, 2023 at 1066.77
The short-term trend has been UP since Jun 2nd, 2023 at 1074.06
Smart Scan Analysis for SP400-25
Based on our trend formula, SP400-25 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1079.83 | 1080.61 | 1069.44 | 1072.52 | -12.38 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1084.90 | 119529709 | 2023-06-05 16:19:49 |
| 52wk High | 848.95 | 52wk High Date | 2018-01-24 |
| 52wk Low | 686.56 | 52wk Low Date | 2018-10-26 |