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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

S&P 500 Capped 35/20 Consumer Discretionary Index TR (CME:SPSVCDT)

Sidelines Mode (-55) - SPSVCDT 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 SPSVCDT?

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

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

CME_SPSVCDT
Open High Low SPSVCDT Price Change
674.31 682.56 672.51 678.89 +8.35
Entry Signal

MarketClub’s Trade Triangles for SPSVCDT

long term up The long-term trend has been UP since Dec 13th, 2023 at 654.67

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 682.80

short term up The short-term trend has been UP since Apr 24th, 2024 at 668.37

Smart Scan Analysis for SPSVCDT

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

-55
Smart Scan Analysis for SPSVCDT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
674.31 682.56 672.51 678.89 +8.35
Prev. Close Volume Bid Ask Time
670.54 0 2024-04-26 15:30:07
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