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Index Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

S&P 500 Multiline Retail (Industry) (CME:SP500-255030)

Countertrend Up (+85) - SP500-255030 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP500-255030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-255030.

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

CME_SP500-255030
Open High Low SP500-255030 Price Change
1682.55 1696.14 1676.89 1693.83 +12.00
Entry Signal

MarketClub’s Trade Triangles for SP500-255030

long term up The long-term trend has been UP since Nov 14th, 2023 at 1679.87

intermediate term up The intermediate-term trend has been UP since Nov 1st, 2023 at 1550.35

short term down The short-term trend has been DOWN since Nov 30th, 2023 at 1675.89

Smart Scan Analysis for SP500-255030

Based on our trend formula, SP500-255030 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP500-255030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1682.55 1696.14 1676.89 1693.83 +12.00
Prev. Close Volume Bid Ask Time
1693.83 50707576 2023-12-01 16:51:13
52wk High843.6452wk High Date2018-11-08
52wk Low628.8652wk Low Date2017-12-01
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