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Index Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
S&P 500 Investment Grade Corporate Bond Index (CME:SP5IGBIT)
Sidelines Mode (+55) - SP5IGBIT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 Dec 24th, 2024 at 463.49
The intermediate-term trend has been UP since Jan 21st, 2025 at 466.56
The short-term trend has been DOWN since Feb 4th, 2025 at 466.65
Smart Scan Analysis for SP5IGBIT
Based on our trend formula, SP5IGBIT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 467.77 | 468.57 | 466.27 | 468.57 | +0.85 |
| Prev. Close | Volume | Bid | Ask | Time |
| 468.57 | 0 | 2025-02-04 21:21:43 |