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Index Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
S&P 500 Distributors (Sub Ind) (CME:SP500-25501010)
Long-Term Downtrend (-90) - SP500-25501010 is in a strong downtrend that is likely to continue. While SP500-25501010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-25501010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25501010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500-25501010
The long-term trend has been DOWN since May 23rd, 2024 at 423.70
The intermediate-term trend has been DOWN since Oct 7th, 2024 at 402.24
The short-term trend has been DOWN since Oct 21st, 2024 at 410.61
Smart Scan Analysis for SP500-25501010
Based on our trend formula, SP500-25501010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 375.62 | 378.31 | 369.37 | 370.81 | -2.87 |
| Prev. Close | Volume | Bid | Ask | Time |
| 370.81 | 5038790 | 2024-10-25 16:20:08 |
| 52wk High | 396.79 | 52wk High Date | 2018-01-29 |
| 52wk Low | 298.51 | 52wk Low Date | 2018-05-01 |