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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P Aerospace & Defense Select Industry Index (Net TR) (CME:SPSIADN)

Long-Term Uptrend (+90) - SPSIADN is in a strong uptrend that is likely to continue. While SPSIADN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SPSIADN?

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

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

CME_SPSIADN
Open High Low SPSIADN Price Change
25731.68 25950.14 25731.68 25807.82 +76.14
Entry Signal

MarketClub’s Trade Triangles for SPSIADN

long term up The long-term trend has been UP since Nov 14th, 2023 at 22877.92

intermediate term up The intermediate-term trend has been UP since Feb 9th, 2024 at 24254.63

short term up The short-term trend has been UP since Mar 20th, 2024 at 25348.86

Smart Scan Analysis for SPSIADN

Based on our trend formula, SPSIADN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPSIADN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25731.68 25950.14 25731.68 25807.82 +76.14
Prev. Close Volume Bid Ask Time
25807.82 0 2024-03-28 16:19:38
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