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Index Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

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

Crossroads (-60) - SP500-251020 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
97.83 98.89 97.26 98.51 +0.51
Entry Signal

MarketClub’s Trade Triangles for SP500-251020

long term up The long-term trend has been UP since Jun 2nd, 2023 at 87.36

intermediate term down The intermediate-term trend has been DOWN since Sep 25th, 2023 at 98.82

short term down The short-term trend has been DOWN since Sep 18th, 2023 at 108.35

Smart Scan Analysis for SP500-251020

Based on our trend formula, SP500-251020 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP500-251020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
97.83 98.89 97.26 98.51 +0.51
Prev. Close Volume Bid Ask Time
98.00 57698038 2023-09-28 11:00:23
52wk High120.8752wk High Date2018-01-16
52wk Low78.0452wk Low Date2018-10-24
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