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Index Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

S&P Composite 1500 Information Technology (Sector) (CME:SP1500-45)

Weak Uptrend (+65) - SP1500-45 is showing signs of weakening momentum to the upside. Monitor SP1500-45 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP1500-45?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45.

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

CME_SP1500-45
Open High Low SP1500-45 Price Change
3791.74 3794.44 3773.28 3773.40 -22.54
Entry Signal

MarketClub’s Trade Triangles for SP1500-45

long term up The long-term trend has been UP since Nov 10th, 2023 at 3199.86

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 3744.40

short term up The short-term trend has been UP since May 3rd, 2024 at 3716.58

Smart Scan Analysis for SP1500-45

Based on our trend formula, SP1500-45 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for SP1500-45
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3791.74 3794.44 3773.28 3773.40 -22.54
Prev. Close Volume Bid Ask Time
3795.94 41004831 2024-05-09 09:46:24
52wk High1365.9952wk High Date2018-08-30
52wk Low1084.0652wk Low Date2018-02-09
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