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Index Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
S&P 500 Energy (Sector) (CME:SP500-10)
Sidelines Mode (+55) - SP500-10 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 SP500-10?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10.
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 SP500-10
The long-term trend has been UP since Oct 7th, 2024 at 724.06
The intermediate-term trend has been UP since Sep 23rd, 2024 at 686.22
The short-term trend has been DOWN since Oct 23rd, 2024 at 690.27
Smart Scan Analysis for SP500-10
Based on our trend formula, SP500-10 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 693.82 | 696.14 | 688.99 | 690.91 | +0.42 |
| Prev. Close | Volume | Bid | Ask | Time |
| 690.91 | 129508375 | 2024-10-25 16:19:58 |
| 52wk High | 583.43 | 52wk High Date | 2018-05-22 |
| 52wk Low | 466.92 | 52wk Low Date | 2018-11-23 |