Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

S&P 500 (CME:SP500)

Sidelines Mode (-55) - SP500 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?

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

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

CME_SP500
Open High Low SP500 Price Change
4005.36 4012.27 3955.77 3963.94 -62.18
Entry Signal

MarketClub’s Trade Triangles for SP500

long term down The long-term trend has been DOWN since Sep 27th, 2022 at 3636.87

intermediate term up The intermediate-term trend has been UP since Oct 24th, 2022 at 3806.91

short term down The short-term trend has been DOWN since Nov 28th, 2022 at 3956.88

Smart Scan Analysis for SP500

Based on our trend formula, SP500 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP500
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4005.36 4012.27 3955.77 3963.94 -62.18
Prev. Close Volume Bid Ask Time
3963.94 2097892829 2022-11-28 17:22:27
52wk High2940.9152wk High Date2018-09-21
52wk Low2532.6952wk Low Date2018-02-09
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