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Index Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

S&P Composite 1500 Consumer Services (Industry Group) (CME:SP1500-2530)

Long-Term Downtrend (-90) - SP1500-2530 is in a strong downtrend that is likely to continue. While SP1500-2530 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP1500-2530?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2530.

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

CME_SP1500-2530
Open High Low SP1500-2530 Price Change
1483.74 1503.96 1480.63 1502.61 +6.24
Entry Signal

MarketClub’s Trade Triangles for SP1500-2530

long term down The long-term trend has been DOWN since May 1st, 2024 at 1475.90

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 1475.90

short term down The short-term trend has been DOWN since May 9th, 2024 at 1486.63

Smart Scan Analysis for SP1500-2530

Based on our trend formula, SP1500-2530 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-2530
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1483.74 1503.96 1480.63 1502.61 +6.24
Prev. Close Volume Bid Ask Time
1496.37 108772108 2024-05-09 15:34:57
52wk High1012.3452wk High Date2018-01-24
52wk Low891.0752wk Low Date2018-06-28
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