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Index Trend Analysis Report

Prepared for you on Tuesday, May 28, 2024.

S&P 500 Drug Retail (Sub Ind) (CME:SP500-30101010)

Strong Downtrend (-100) - SP500-30101010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP500-30101010 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP500-30101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30101010.

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

CME_SP500-30101010
Open High Low SP500-30101010 Price Change
235.82 236.26 226.09 226.61 -9.57
Entry Signal

MarketClub’s Trade Triangles for SP500-30101010

long term down The long-term trend has been DOWN since Apr 1st, 2024 at 299.39

intermediate term down The intermediate-term trend has been DOWN since May 21st, 2024 at 252.39

short term down The short-term trend has been DOWN since May 20th, 2024 at 262.34

Smart Scan Analysis for SP500-30101010

Based on our trend formula, SP500-30101010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP500-30101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
235.82 236.26 226.09 226.61 -9.57
Prev. Close Volume Bid Ask Time
236.18 20050916 2024-05-28 17:20:42
52wk High1254.2952wk High Date2018-11-29
52wk Low870.9252wk Low Date2018-06-29
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