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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P 500 Construction Materials (Industry) (CME:SP500-151020)

Bull Market Weakness (+75) - SP500-151020 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-151020 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-151020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-151020.

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

CME_SP500-151020
Open High Low SP500-151020 Price Change
542.45 544.18 535.00 536.99 +0.20
Entry Signal

MarketClub’s Trade Triangles for SP500-151020

long term down The long-term trend has been DOWN since Jun 11th, 2024 at 513.45

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2024 at 530.17

short term up The short-term trend has been UP since Oct 25th, 2024 at 542.09

Smart Scan Analysis for SP500-151020

Based on our trend formula, SP500-151020 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP500-151020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
542.45 544.18 535.00 536.99 +0.20
Prev. Close Volume Bid Ask Time
536.99 953407 2024-10-25 16:20:08
52wk High260.2452wk High Date2018-01-26
52wk Low158.3852wk Low Date2018-10-29
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