Index Trend Analysis Report
Prepared for you on Wednesday, May 15, 2024.
S&P 500 EQUAL WEIGHTED Real Estate (Sector) (TR) (CME:SPXEW60TR)
Bull Market Weakness (+75) - SPXEW60TR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPXEW60TR as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPXEW60TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXEW60TR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for SPXEW60TR
The long-term trend has been DOWN since Apr 16th, 2024 at 3712.56
The intermediate-term trend has been UP since May 7th, 2024 at 3945.05
The short-term trend has been UP since May 3rd, 2024 at 3883.01
Smart Scan Analysis for SPXEW60TR
Based on our trend formula, SPXEW60TR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
3969.34 | 4013.60 | 3969.34 | 3997.49 | +28.15 |
Prev. Close | Volume | Bid | Ask | Time |
3997.49 | 0 | 2024-05-14 17:21:45 |