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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P 500 Industrials (Sector) (CME:SP500-20)

Sidelines Mode (+55) - SP500-20 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 SP500-20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20.

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

Open High Low SP500-20 Price Change
1033.39 1038.95 1033.39 1038.52 +11.38
Entry Signal

MarketClub’s Trade Triangles for SP500-20

long term up The long-term trend has been UP since Dec 6th, 2023 at 920.41

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1036.08

short term up The short-term trend has been UP since Apr 23rd, 2024 at 1034.09

Smart Scan Analysis for SP500-20

Based on our trend formula, SP500-20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SP500-20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1033.39 1038.95 1033.39 1038.52 +11.38
Prev. Close Volume Bid Ask Time
1027.14 35818414 2024-04-23 10:07:54
52wk High680.8952wk High Date2018-01-29
52wk Low563.0652wk Low Date2018-10-29
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