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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P 500 EQUAL WEIGHTED Energy (Sector) (CME:SP500EW-10)

Countertrend Up (+85) - SP500EW-10 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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.

CME_SP500EW-10
Open High Low SP500EW-10 Price Change
3008.67 3029.37 2981.15 3024.85 +16.18
Entry Signal

MarketClub’s Trade Triangles for SP500EW-10

long term up The long-term trend has been UP since Mar 5th, 2024 at 2747.15

intermediate term up The intermediate-term trend has been UP since Feb 15th, 2024 at 2665.94

short term up The short-term trend has been UP since Apr 22nd, 2024 at 3009.86

Smart Scan Analysis for SP500EW-10

Based on our trend formula, SP500EW-10 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for SP500EW-10
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3008.67 3029.37 2981.15 3024.85 +16.18
Prev. Close Volume Bid Ask Time
3024.85 0 2024-04-23 16:19:30
52wk High2370.1852wk High Date2018-05-22
52wk Low1792.2652wk Low Date2018-11-28
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