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Index Trend Analysis Report
Prepared for you on Tuesday, October 15, 2024.
S&P 500 Value (CME:SP500V)
Long-Term Uptrend (+90) - SP500V is in a strong uptrend that is likely to continue. While SP500V is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP500V?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500V.
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 SP500V
The long-term trend has been UP since Dec 1st, 2023 at 1631.93
The intermediate-term trend has been UP since Sep 17th, 2024 at 1931.49
The short-term trend has been UP since Oct 9th, 2024 at 1942.95
Smart Scan Analysis for SP500V
Based on our trend formula, SP500V is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1972.04 | 1982.79 | 1964.37 | 1965.80 | -5.69 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1971.49 | 0 | 2024-10-15 16:44:18 |
| 52wk High | 1195.51 | 52wk High Date | 2018-01-26 |
| 52wk Low | 1045.667 | 52wk Low Date | 2018-04-02 |