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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P 500 Food Beverage & Tobacco (Industry Group) (CME:SP500-3020)

Long-Term Uptrend (+90) - SP500-3020 is in a strong uptrend that is likely to continue. While SP500-3020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP500-3020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-3020.

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

CME_SP500-3020
Open High Low SP500-3020 Price Change
815.01 816.09 812.62 813.03 +1.68
Entry Signal

MarketClub’s Trade Triangles for SP500-3020

long term up The long-term trend has been UP since Jan 2nd, 2024 at 811.48

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 796.67

short term up The short-term trend has been UP since Mar 27th, 2024 at 808.99

Smart Scan Analysis for SP500-3020

Based on our trend formula, SP500-3020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP500-3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
815.01 816.09 812.62 813.03 +1.68
Prev. Close Volume Bid Ask Time
813.03 100461736 2024-03-28 16:19:38
52wk High742.9452wk High Date2018-01-29
52wk Low604.6752wk Low Date2018-05-15
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