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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
S&P 500 Enhanced Value Total Return Index (CME:SPXEVUT)
Sidelines Mode (-55) - SPXEVUT 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 SPXEVUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXEVUT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPXEVUT
The long-term trend has been UP since Dec 1st, 2023 at 1979.34
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2287.13
The short-term trend has been UP since Apr 19th, 2024 at 2290.63
Smart Scan Analysis for SPXEVUT
Based on our trend formula, SPXEVUT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2275.87 | 2310.92 | 2275.87 | 2305.99 | +30.80 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2275.19 | 0 | 2024-04-19 16:19:16 |