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Index Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

S&P 500 Automotive Retail (Sub Ind) (CME:SP500-25504050)

Crossroads (-60) - SP500-25504050 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 SP500-25504050?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-25504050.

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

CME_SP500-25504050
Open High Low SP500-25504050 Price Change
2050.64 2054.15 2036.91 2052.52 +10.44
Entry Signal

MarketClub’s Trade Triangles for SP500-25504050

long term up The long-term trend has been UP since Nov 10th, 2023 at 1939.91

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 2209.44

short term down The short-term trend has been DOWN since May 13th, 2024 at 2065.71

Smart Scan Analysis for SP500-25504050

Based on our trend formula, SP500-25504050 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP500-25504050
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2050.64 2054.15 2036.91 2052.52 +10.44
Prev. Close Volume Bid Ask Time
2052.52 2294534 2024-05-17 16:19:38
52wk High903.3352wk High Date2018-11-29
52wk Low613.8952wk Low Date2018-04-20
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