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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P Composite 1500 Packaged Foods & Meats (Sub Ind) (CME:SP1500-30202030)

Long-Term Uptrend (+90) - SP1500-30202030 is in a strong uptrend that is likely to continue. While SP1500-30202030 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-30202030?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-30202030.

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

CME_SP1500-30202030
Open High Low SP1500-30202030 Price Change
709.06 710.81 706.52 707.16 +2.12
Entry Signal

MarketClub’s Trade Triangles for SP1500-30202030

long term up The long-term trend has been UP since Jan 2nd, 2024 at 702.69

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 696.48

short term up The short-term trend has been UP since Mar 18th, 2024 at 696.16

Smart Scan Analysis for SP1500-30202030

Based on our trend formula, SP1500-30202030 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP1500-30202030
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
709.06 710.81 706.52 707.16 +2.12
Prev. Close Volume Bid Ask Time
707.16 52100890 2024-03-28 16:19:42
52wk High646.1152wk High Date2018-01-25
52wk Low530.8252wk Low Date2018-05-03
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