Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, May 5, 2024.

S&P Composite 1500 Oil & Gas Drilling (Sub Ind) (CME:SP1500-10101010)

Crossroads (-60) - SP1500-10101010 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP1500-10101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10101010.

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

CME_SP1500-10101010
Open High Low SP1500-10101010 Price Change
85.64 86.91 85.21 86.90 +2.33
Entry Signal

MarketClub’s Trade Triangles for SP1500-10101010

long term up The long-term trend has been UP since Mar 8th, 2024 at 92.11

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 92.12

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 89.22

Smart Scan Analysis for SP1500-10101010

Based on our trend formula, SP1500-10101010 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP1500-10101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
85.64 86.91 85.21 86.90 +2.33
Prev. Close Volume Bid Ask Time
86.90 9283895 2024-05-03 16:20:12
52wk High326.4652wk High Date2018-05-17
52wk Low221.2652wk Low Date2018-11-28
Get a free daily analysis and signals for S&P Composite 1500 Oil & Gas Drilling (Sub Ind) (SP1500-10101010) - Request Your Free Report.