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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
S&P 500 Top 50 TR (CME:SP5T5T)
Sidelines Mode (+55) - SP5T5T 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 SP5T5T?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP5T5T.
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 SP5T5T
The long-term trend has been UP since Nov 14th, 2023 at 5924.41
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 6844.68
The short-term trend has been UP since Apr 24th, 2024 at 6757.77
Smart Scan Analysis for SP5T5T
Based on our trend formula, SP5T5T is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6751.80 | 6751.80 | 6605.94 | 6707.18 | -44.48 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6707.18 | 0 | 2024-04-25 16:19:51 |