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Index Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

S&P 500 Capped 35/20 Utilities & Telecommunication Index TR (CME:SPSVUTT)

Sidelines Mode (+55) - SPSVUTT 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 SPSVUTT?

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

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

CME_SPSVUTT
Open High Low SPSVUTT Price Change
233.85 233.85 230.90 230.91 -2.93
Entry Signal

MarketClub’s Trade Triangles for SPSVUTT

long term up The long-term trend has been UP since Dec 1st, 2023 at 205.99

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 222.09

short term down The short-term trend has been DOWN since May 22nd, 2024 at 235.38

Smart Scan Analysis for SPSVUTT

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

+55
Smart Scan Analysis for SPSVUTT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
233.85 233.85 230.90 230.91 -2.93
Prev. Close Volume Bid Ask Time
233.84 0 2024-05-29 11:29:32
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