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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P 500 EQUAL WEIGHTED Financials (Sector) (CME:SP500EW-40)
Sidelines Mode (-55) - SP500EW-40 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 SP500EW-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500EW-40.
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-40
The long-term trend has been UP since Nov 30th, 2023 at 4858.40
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 5455.78
The short-term trend has been UP since Apr 19th, 2024 at 5369.31
Smart Scan Analysis for SP500EW-40
Based on our trend formula, SP500EW-40 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5469.14 | 5502.74 | 5465.07 | 5487.48 | +18.34 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5487.48 | 0 | 2024-04-23 16:19:30 |
| 52wk High | 4181.49 | 52wk High Date | 2018-01-29 |
| 52wk Low | 3412.1 | 52wk Low Date | 2018-10-26 |