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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
S&P 500 EQUAL WEIGHTED Consumer Staples (Sector) (CME:SP500EW-30)
Long-Term Downtrend (-90) - SP500EW-30 is in a strong downtrend that is likely to continue. While SP500EW-30 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500EW-30?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-30.
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-30
The long-term trend has been DOWN since Nov 5th, 2024 at 5505.23
The intermediate-term trend has been DOWN since Dec 17th, 2024 at 5547.62
The short-term trend has been DOWN since Dec 10th, 2024 at 5579.11
Smart Scan Analysis for SP500EW-30
Based on our trend formula, SP500EW-30 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5411.15 | 5424.26 | 5389.30 | 5418.72 | +7.57 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5411.15 | 0 | 2024-12-26 10:05:10 |
| 52wk High | 4892.44 | 52wk High Date | 2018-01-29 |
| 52wk Low | 4162.07 | 52wk Low Date | 2018-05-03 |