Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, December 7, 2023.

S&P 500 Consumer Discretionary (Sector) (CME:SP500-25)

Bull Market Weakness (+75) - SP500-25 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-25 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-25?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25.

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

CME_SP500-25
Open High Low SP500-25 Price Change
1358.86 1365.63 1353.08 1363.54 +12.10
Entry Signal

MarketClub’s Trade Triangles for SP500-25

long term down The long-term trend has been DOWN since Oct 3rd, 2023 at 1232.83

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2023 at 1280.50

short term up The short-term trend has been UP since Dec 5th, 2023 at 1354.17

Smart Scan Analysis for SP500-25

Based on our trend formula, SP500-25 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP500-25
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1358.86 1365.63 1353.08 1363.54 +12.10
Prev. Close Volume Bid Ask Time
1351.44 374045484 2023-12-07 16:06:19
52wk High946.2952wk High Date2018-10-01
52wk Low756.8552wk Low Date2017-12-01
Get a free daily analysis and signals for S&P 500 Consumer Discretionary (Sector) (SP500-25) - Request Your Free Report.