Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

S&P 500 Financials (Sector) (CME:SP500-40)

Bull Market Weakness (+75) - SP500-40 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500-40 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP500-40?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-40.

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

CME_SP500-40
Open High Low SP500-40 Price Change
715.07 716.91 708.52 709.28 -8.53
Entry Signal

MarketClub’s Trade Triangles for SP500-40

long term up The long-term trend has been UP since Nov 29th, 2023 at 589.15

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2024 at 691.90

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 714.44

Smart Scan Analysis for SP500-40

Based on our trend formula, SP500-40 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP500-40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
715.07 716.91 708.52 709.28 -8.53
Prev. Close Volume Bid Ask Time
709.28 283213912 2024-07-24 16:19:47
52wk High503.4252wk High Date2018-01-29
52wk Low414.5752wk Low Date2017-12-06
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