Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, June 19, 2024.

S&P 500 (CME:SP500)

Strong Uptrend (+100) - SP500 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP500 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SP500?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500.

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

CME_SP500
Open High Low SP500 Price Change
5476.15 5490.38 5471.32 5487.03 +13.80
Entry Signal

MarketClub’s Trade Triangles for SP500

long term up The long-term trend has been UP since Nov 29th, 2023 at 4584.62

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 5168.43

short term up The short-term trend has been UP since Jun 12th, 2024 at 5375.95

Smart Scan Analysis for SP500

Based on our trend formula, SP500 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SP500
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5476.15 5490.38 5471.32 5487.03 +13.80
Prev. Close Volume Bid Ask Time
5487.03 0 2024-06-18 16:19:33
52wk High2940.9152wk High Date2018-09-21
52wk Low2532.6952wk Low Date2018-02-09
Get a free daily analysis and signals for S&P 500 (SP500) - Request Your Free Report.