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Index Trend Analysis Report

Prepared for you on Thursday, September 12, 2024.

S&P 500 Oil & Gas Storage & Transportation (Sub Ind) (CME:SP500-10102040)

Sidelines Mode (+55) - SP500-10102040 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 SP500-10102040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-10102040.

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

CME_SP500-10102040
Open High Low SP500-10102040 Price Change
275.35 275.35 270.34 273.66 -2.38
Entry Signal

MarketClub’s Trade Triangles for SP500-10102040

long term up The long-term trend has been UP since Oct 13th, 2023 at 206.89

intermediate term up The intermediate-term trend has been UP since Aug 16th, 2024 at 269.80

short term down The short-term trend has been DOWN since Sep 6th, 2024 at 275.31

Smart Scan Analysis for SP500-10102040

Based on our trend formula, SP500-10102040 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP500-10102040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
275.35 275.35 270.34 273.66 -2.38
Prev. Close Volume Bid Ask Time
273.66 19651242 2024-09-11 17:00:24
52wk High198.9352wk High Date2018-01-16
52wk Low156.2452wk Low Date2018-04-03
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