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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.
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MarketClub’s Trade Triangles for SP500-35
The long-term trend has been DOWN since Oct 2nd, 2023 at 1494.54
The intermediate-term trend has been UP since Nov 17th, 2023 at 1500.65
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).
| 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 High | 1112.21 | 52wk High Date | 2018-10-01 |
| 52wk Low | 912.01 | 52wk Low Date | 2018-04-02 |