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Index Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
S&P 500 EQUAL WEIGHTED Energy (Sector) (CME:SP500EW-10)
Sidelines Mode (+50) - SP500EW-10 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SP500EW-10 can gain momentum.
Is it time to buy, sell, or avoid SP500EW-10?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-10.
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 SP500EW-10
The long-term trend has been DOWN since Aug 2nd, 2024 at 2785.60
The intermediate-term trend has been UP since Oct 2nd, 2024 at 2866.92
The short-term trend has been UP since Oct 25th, 2024 at 2859.76
Smart Scan Analysis for SP500EW-10
Based on our trend formula, SP500EW-10 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2831.47 | 2859.89 | 2823.76 | 2836.86 | +5.39 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2836.86 | 0 | 2024-10-25 16:19:55 |
| 52wk High | 2370.18 | 52wk High Date | 2018-05-22 |
| 52wk Low | 1792.26 | 52wk Low Date | 2018-11-28 |