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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

S&P 500 Trading Companies & Distributors (Industry) (CME:SP500-201070)

Bull Market Weakness (+75) - SP500-201070 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-201070 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-201070?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-201070.

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

CME_SP500-201070
Open High Low SP500-201070 Price Change
1768.33 1775.38 1764.23 1772.95 +9.07
Entry Signal

MarketClub’s Trade Triangles for SP500-201070

long term up The long-term trend has been UP since Nov 3rd, 2023 at 1358.70

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 1840.57

short term up The short-term trend has been UP since May 9th, 2024 at 1755.49

Smart Scan Analysis for SP500-201070

Based on our trend formula, SP500-201070 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP500-201070
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1768.33 1775.38 1764.23 1772.95 +9.07
Prev. Close Volume Bid Ask Time
1763.88 1165320 2024-05-10 14:37:23
52wk High616.752wk High Date2018-08-21
52wk Low452.7552wk Low Date2018-10-26
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