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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
S&P 500 Investment Grade Corporate Bond Index (CME:SP5IGBIT)
Strong Downtrend (-100) - SP5IGBIT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP5IGBIT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP5IGBIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP5IGBIT.
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 SP5IGBIT
The long-term trend has been DOWN since Apr 10th, 2024 at 446.04
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 448.73
The short-term trend has been DOWN since Apr 25th, 2024 at 442.15
Smart Scan Analysis for SP5IGBIT
Based on our trend formula, SP5IGBIT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 442.89 | 442.89 | 441.91 | 441.91 | -0.92 |
| Prev. Close | Volume | Bid | Ask | Time |
| 442.83 | 0 | 2024-04-25 09:16:40 |