Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
S&P 500 Low Volatility Target Beta Index TR (CME:SPXLTBUT)
Bull Market Weakness (+75) - SPXLTBUT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPXLTBUT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPXLTBUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXLTBUT.
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 SPXLTBUT
The long-term trend has been UP since Dec 1st, 2023 at 1012.96
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 1103.52
The short-term trend has been UP since Apr 19th, 2024 at 1058.75
Smart Scan Analysis for SPXLTBUT
Based on our trend formula, SPXLTBUT is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1100.21 | 1109.40 | 1085.60 | 1107.42 | +7.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1100.39 | 0 | 2024-04-24 16:19:57 |