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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

S&P 500 EQUAL WEIGHTED Financials (Sector) (CME:SP500EW-40)

Bull Market Weakness (+75) - SP500EW-40 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500EW-40 as it may be in the beginning stages of a reversal.

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.

CME_SP500EW-40
Open High Low SP500EW-40 Price Change
5472.37 5500.28 5455.78 5487.29 +15.12
Entry Signal

MarketClub’s Trade Triangles for SP500EW-40

long term up The long-term trend has been UP since Nov 30th, 2023 at 4858.40

intermediate term up The intermediate-term trend has been UP since Jan 22nd, 2024 at 5263.19

short term down The short-term trend has been DOWN since Mar 14th, 2024 at 5453.88

Smart Scan Analysis for SP500EW-40

Based on our trend formula, SP500EW-40 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP500EW-40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5472.37 5500.28 5455.78 5487.29 +15.12
Prev. Close Volume Bid Ask Time
5472.17 0 2024-03-18 16:19:55
52wk High4181.4952wk High Date2018-01-29
52wk Low3412.152wk Low Date2018-10-26
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