Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

S&P 500 Food Distributors (Sub Ind) (CME:SP500-30101020)

Weak Downtrend (-65) - SP500-30101020 is showing signs of a strengthening downtrend. Monitor SP500-30101020 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-30101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-30101020.

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

CME_SP500-30101020
Open High Low SP500-30101020 Price Change
919.41 924.39 907.42 909.22 -7.79
Entry Signal

MarketClub’s Trade Triangles for SP500-30101020

long term up The long-term trend has been UP since Sep 3rd, 2024 at 939.68

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2024 at 909.34

short term down The short-term trend has been DOWN since Dec 30th, 2024 at 918.57

Smart Scan Analysis for SP500-30101020

Based on our trend formula, SP500-30101020 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-30101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
919.41 924.39 907.42 909.22 -7.79
Prev. Close Volume Bid Ask Time
917.01 803577 2025-01-02 14:30:23
52wk High911.2652wk High Date2018-08-24
52wk Low671.7552wk Low Date2018-02-06
Get a free daily analysis and signals for S&P 500 Food Distributors (Sub Ind) (SP500-30101020) - Request Your Free Report.