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Index Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
S&P 500 Energy (Industry Group) (CME:SP500-1010)
Long-Term Downtrend (-90) - SP500-1010 is in a strong downtrend that is likely to continue. While SP500-1010 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 SP500-1010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-1010.
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 SP500-1010
The long-term trend has been DOWN since Mar 10th, 2023 at 628.79
The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 663.97
The short-term trend has been DOWN since Mar 24th, 2023 at 590.63
Smart Scan Analysis for SP500-1010
Based on our trend formula, SP500-1010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 586.92 | 600.26 | 582.65 | 598.03 | +1.71 |
| Prev. Close | Volume | Bid | Ask | Time |
| 598.03 | 174281556 | 2023-03-24 17:02:54 |
| 52wk High | 583.42 | 52wk High Date | 2018-05-22 |
| 52wk Low | 466.97 | 52wk Low Date | 2018-11-23 |