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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SP500-25
The long-term trend has been DOWN since Oct 3rd, 2023 at 1232.83
The intermediate-term trend has been UP since Nov 7th, 2023 at 1280.50
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).
| 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 High | 946.29 | 52wk High Date | 2018-10-01 |
| 52wk Low | 756.85 | 52wk Low Date | 2017-12-01 |