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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

S&P 500 Momentum Index (US Dollar) (CME:SP500MUP)

Weak Downtrend (-65) - SP500MUP is showing signs of a strengthening downtrend. Monitor SP500MUP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500MUP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500MUP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP500MUP
Open High Low SP500MUP Price Change
1912.41 1912.41 1856.50 1863.73 -48.68
Entry Signal

MarketClub’s Trade Triangles for SP500MUP

long term up The long-term trend has been UP since Jul 21st, 2023 at 1414.37

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1962.17

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 1962.17

Smart Scan Analysis for SP500MUP

Based on our trend formula, SP500MUP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500MUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1912.41 1912.41 1856.50 1863.73 -48.68
Prev. Close Volume Bid Ask Time
1863.73 0 2024-04-19 16:19:10
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