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Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
S&P 500 Real Estate (Sector) (TR) (CME:SP500-60TR)
Sidelines Mode (-55) - SP500-60TR 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 SP500-60TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-60TR.
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 SP500-60TR
The long-term trend has been DOWN since Apr 15th, 2024 at 552.29
The intermediate-term trend has been DOWN since Mar 26th, 2024 at 574.99
The short-term trend has been UP since May 3rd, 2024 at 552.74
Smart Scan Analysis for SP500-60TR
Based on our trend formula, SP500-60TR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 550.94 | 563.31 | 550.94 | 555.48 | +4.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 555.48 | 0 | 2024-05-03 16:20:09 |