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Index Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

S&P 500 Construction Machinery & Heavy Trucks (Sub Ind) (CME:SP500-20106010)

Weak Downtrend (-65) - SP500-20106010 is showing signs of a strengthening downtrend. Monitor SP500-20106010 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-20106010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20106010.

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

CME_SP500-20106010
Open High Low SP500-20106010 Price Change
2045.70 2075.00 2033.57 2037.23 -10.97
Entry Signal

MarketClub’s Trade Triangles for SP500-20106010

long term up The long-term trend has been UP since Dec 14th, 2023 at 1702.07

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 2166.84

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 2118.02

Smart Scan Analysis for SP500-20106010

Based on our trend formula, SP500-20106010 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-20106010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2045.70 2075.00 2033.57 2037.23 -10.97
Prev. Close Volume Bid Ask Time
2048.20 9751619 2024-05-01 17:12:38
52wk High1102.1452wk High Date2018-01-25
52wk Low726.6752wk Low Date2018-10-26
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