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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P MidCap 400 Capped Consumer Discretionary (sector) Index TR (CME:SPMU4CDT)

Sidelines Mode (-55) - SPMU4CDT 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 SPMU4CDT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPMU4CDT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPMU4CDT
Open High Low SPMU4CDT Price Change
1663.02 1674.37 1648.86 1658.85 -4.17
Entry Signal

MarketClub’s Trade Triangles for SPMU4CDT

long term up The long-term trend has been UP since Dec 1st, 2023 at 1485.85

intermediate term down The intermediate-term trend has been DOWN since Apr 10th, 2024 at 1717.50

short term up The short-term trend has been UP since Apr 23rd, 2024 at 1642.43

Smart Scan Analysis for SPMU4CDT

Based on our trend formula, SPMU4CDT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPMU4CDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1663.02 1674.37 1648.86 1658.85 -4.17
Prev. Close Volume Bid Ask Time
1663.02 0 2024-04-24 13:39:13
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