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Index Trend Analysis Report

Prepared for you on Tuesday, November 5, 2024.

S&P 500 Railroads (Sub Ind) (CME:SP500-20304010)

Weak Downtrend (-65) - SP500-20304010 is showing signs of a strengthening downtrend. Monitor SP500-20304010 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-20304010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20304010.

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

CME_SP500-20304010
Open High Low SP500-20304010 Price Change
2886.16 2901.66 2857.18 2862.66 -25.44
Entry Signal

MarketClub’s Trade Triangles for SP500-20304010

long term up The long-term trend has been UP since Aug 28th, 2024 at 3044.41

intermediate term down The intermediate-term trend has been DOWN since Oct 24th, 2024 at 2890.37

short term down The short-term trend has been DOWN since Nov 4th, 2024 at 2877.68

Smart Scan Analysis for SP500-20304010

Based on our trend formula, SP500-20304010 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-20304010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2886.16 2901.66 2857.18 2862.66 -25.44
Prev. Close Volume Bid Ask Time
2862.66 15684311 2024-11-04 16:19:08
52wk High2029.2752wk High Date2018-10-01
52wk Low1446.7652wk Low Date2018-02-09
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