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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

S&P Composite 1500 Trading Companies & Distributors (Industry) (CME:SP1500-201070)

Sidelines Mode (-55) - SP1500-201070 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP1500-201070?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-201070.

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

CME_SP1500-201070
Open High Low SP1500-201070 Price Change
2601.77 2602.02 2546.01 2555.19 -37.40
Entry Signal

MarketClub’s Trade Triangles for SP1500-201070

long term up The long-term trend has been UP since Nov 13th, 2023 at 2085.36

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 2679.53

short term up The short-term trend has been UP since Apr 4th, 2024 at 2805.58

Smart Scan Analysis for SP1500-201070

Based on our trend formula, SP1500-201070 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP1500-201070
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2601.77 2602.02 2546.01 2555.19 -37.40
Prev. Close Volume Bid Ask Time
2555.19 10536454 2024-04-17 16:19:27
52wk High1019.2252wk High Date2018-09-21
52wk Low775.5252wk Low Date2018-10-26
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