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Index Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
S&P Composite 1500 Hotels Restaurants & Leisure (Industry) (CME:SP1500-253010)
Long-Term Downtrend (-90) - SP1500-253010 is in a strong downtrend that is likely to continue. While SP1500-253010 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 SP1500-253010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-253010.
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 SP1500-253010
The long-term trend has been DOWN since May 1st, 2024 at 1707.66
The intermediate-term trend has been DOWN since May 1st, 2024 at 1707.66
The short-term trend has been DOWN since May 9th, 2024 at 1711.07
Smart Scan Analysis for SP1500-253010
Based on our trend formula, SP1500-253010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1709.94 | 1733.91 | 1706.64 | 1732.49 | +10.24 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1722.25 | 96264244 | 2024-05-09 15:16:27 |
| 52wk High | 1159.37 | 52wk High Date | 2018-01-24 |
| 52wk Low | 1013.93 | 52wk Low Date | 2018-10-29 |