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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P 500 Automobiles (Industry) (CME:SP500-251020)

Weak Downtrend (-65) - SP500-251020 is showing signs of a strengthening downtrend. Monitor SP500-251020 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-251020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-251020.

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

CME_SP500-251020
Open High Low SP500-251020 Price Change
78.17 78.87 77.42 77.58 -1.24
Entry Signal

MarketClub’s Trade Triangles for SP500-251020

long term down The long-term trend has been DOWN since Oct 20th, 2023 at 87.91

intermediate term down The intermediate-term trend has been DOWN since Mar 5th, 2024 at 78.19

short term up The short-term trend has been UP since Mar 20th, 2024 at 75.84

Smart Scan Analysis for SP500-251020

Based on our trend formula, SP500-251020 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SP500-251020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
78.17 78.87 77.42 77.58 -1.24
Prev. Close Volume Bid Ask Time
77.58 152149359 2024-03-28 16:19:38
52wk High120.8752wk High Date2018-01-16
52wk Low78.0452wk Low Date2018-10-24
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