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Index Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

S&P 500 Health Care (Sector) (CME:SP500-35)

Sidelines Mode (-55) - SP500-35 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP500-35?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-35.

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

CME_SP500-35
Open High Low SP500-35 Price Change
1513.93 1516.24 1506.75 1507.92 -7.63
Entry Signal

MarketClub’s Trade Triangles for SP500-35

long term down The long-term trend has been DOWN since Oct 2nd, 2023 at 1494.54

intermediate term up The intermediate-term trend has been UP since Nov 17th, 2023 at 1500.65

short term down The short-term trend has been DOWN since Nov 28th, 2023 at 1512.84

Smart Scan Analysis for SP500-35

Based on our trend formula, SP500-35 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500-35
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1513.93 1516.24 1506.75 1507.92 -7.63
Prev. Close Volume Bid Ask Time
1507.92 169666437 2023-11-28 17:28:52
52wk High1112.2152wk High Date2018-10-01
52wk Low912.0152wk Low Date2018-04-02
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