Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P Insurance Select Industry Index (TR) (CME:SPSIINST)

Sidelines Mode (-55) - SPSIINST 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 SPSIINST?

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

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

Open	High	Low	SPSIINST Price	Change
6853.47	6916.57	6853.47	6896.97	+43.50
Entry Signal

MarketClub’s Trade Triangles for SPSIINST

The long-term trend has been UP since Jul 3rd, 2023 at 5608.57

The intermediate-term trend has been DOWN since Apr 9th, 2024 at 6973.91

The short-term trend has been UP since Apr 19th, 2024 at 6716.88

Smart Scan Analysis for SPSIINST

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

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
6853.47	6916.57	6853.47	6896.97	+43.50
Prev. Close	Volume	Bid	Ask	Time
6896.97	0			2024-04-23 16:19:28

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