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Index Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

S&P 500 Airlines (Industry) (CME:SP500-203020)

Weak Downtrend (-65) - SP500-203020 is showing signs of a strengthening downtrend. Monitor SP500-203020 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-203020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-203020.

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

CME_SP500-203020
Open High Low SP500-203020 Price Change
217.46 217.85 212.17 212.70 -5.24
Entry Signal

MarketClub’s Trade Triangles for SP500-203020

long term up The long-term trend has been UP since Feb 9th, 2024 at 200.40

intermediate term down The intermediate-term trend has been DOWN since May 28th, 2024 at 214.84

short term down The short-term trend has been DOWN since May 20th, 2024 at 225.71

Smart Scan Analysis for SP500-203020

Based on our trend formula, SP500-203020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-203020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
217.46 217.85 212.17 212.70 -5.24
Prev. Close Volume Bid Ask Time
217.94 49795989 2024-05-28 17:20:42
52wk High393.9552wk High Date2018-01-16
52wk Low303.452wk Low Date2018-06-28
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