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Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

S&P 500 - Pharmaceuticals (Sub Ind) (CME:SP500-35202010)

Weak Downtrend (-65) - SP500-35202010 is showing signs of a strengthening downtrend. Monitor SP500-35202010 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-35202010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-35202010.

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

CME_SP500-35202010
Open High Low SP500-35202010 Price Change
1060.82 1062.77 1052.58 1055.54 -9.23
Entry Signal

MarketClub’s Trade Triangles for SP500-35202010

long term up The long-term trend has been UP since Jan 3rd, 2024 at 1025.23

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 1088.15

short term down The short-term trend has been DOWN since Apr 2nd, 2024 at 1107.28

Smart Scan Analysis for SP500-35202010

Based on our trend formula, SP500-35202010 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-35202010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1060.82 1062.77 1052.58 1055.54 -9.23
Prev. Close Volume Bid Ask Time
1064.77 37591889 2024-04-16 13:53:33
52wk High718.2152wk High Date2018-11-29
52wk Low577.4152wk Low Date2018-05-03
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