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Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
S&P 500 Carry Adjusted Total Return Index (CME:SPCATR)
Sidelines Mode (+55) - SPCATR 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 SPCATR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPCATR.
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 SPCATR
The long-term trend has been UP since Dec 1st, 2023 at 7124.73
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 7888.99
The short-term trend has been UP since Apr 23rd, 2024 at 7742.36
Smart Scan Analysis for SPCATR
Based on our trend formula, SPCATR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7696.45 | 7758.02 | 7695.17 | 7744.47 | +75.09 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7669.38 | 0 | 2024-04-23 11:48:49 |