Index Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
S&P 500 Momentum Index (US Dollar) Net Total Return (CME:SP500MUN)
Bull Market Weakness (+75) - SP500MUN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP500MUN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP500MUN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500MUN.
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 SP500MUN
The long-term trend has been UP since Apr 13th, 2023 at 504.22
The intermediate-term trend has been UP since Nov 7th, 2023 at 529.52
The short-term trend has been DOWN since Mar 26th, 2024 at 720.70
Smart Scan Analysis for SP500MUN
Based on our trend formula, SP500MUN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
720.96 | 722.08 | 717.95 | 719.63 | -1.33 |
Prev. Close | Volume | Bid | Ask | Time |
719.63 | 0 | 2024-03-28 16:19:26 |