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Index Trend Analysis Report

Prepared for you on Friday, October 11, 2024.

S&P 400 - Pharmaceuticals (Sub Ind) (CME:SP400-35202010)

Long-Term Downtrend (-90) - SP400-35202010 is in a strong downtrend that is likely to continue. While SP400-35202010 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 SP400-35202010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-35202010.

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

CME_SP400-35202010
Open High Low SP400-35202010 Price Change
1035.31 1037.57 1022.33 1037.52 +2.11
Entry Signal

MarketClub’s Trade Triangles for SP400-35202010

long term down The long-term trend has been DOWN since Feb 29th, 2024 at 1139.54

intermediate term down The intermediate-term trend has been DOWN since Sep 9th, 2024 at 1074.90

short term down The short-term trend has been DOWN since Oct 1st, 2024 at 1056.67

Smart Scan Analysis for SP400-35202010

Based on our trend formula, SP400-35202010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP400-35202010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1035.31 1037.57 1022.33 1037.52 +2.11
Prev. Close Volume Bid Ask Time
1037.52 2141635 2024-10-10 16:20:05
52wk High1546.0752wk High Date2018-01-26
52wk Low1017.0252wk Low Date2018-05-03
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