Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

S&P 500 Electric Utilities (Sub Ind) (CME:SP500-55101010)

Countertrend Down (-85) - SP500-55101010 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP500-55101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-55101010.

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

CME_SP500-55101010
Open High Low SP500-55101010 Price Change
450.75 453.42 449.56 449.86 +2.16
Entry Signal

MarketClub’s Trade Triangles for SP500-55101010

long term down The long-term trend has been DOWN since Dec 10th, 2024 at 456.23

intermediate term down The intermediate-term trend has been DOWN since Dec 9th, 2024 at 464.98

short term up The short-term trend has been UP since Jan 2nd, 2025 at 451.36

Smart Scan Analysis for SP500-55101010

Based on our trend formula, SP500-55101010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP500-55101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
450.75 453.42 449.56 449.86 +2.16
Prev. Close Volume Bid Ask Time
447.70 17016135 2025-01-02 12:37:23
52wk High318.4952wk High Date2017-12-01
52wk Low264.5452wk Low Date2018-02-06
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