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Index Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

S&P Composite 1500 Oil, Gas & Consumable Fuels (Industry) (CME:SP1500-101020)

Weak Downtrend (-65) - SP1500-101020 is showing signs of a strengthening downtrend. Monitor SP1500-101020 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP1500-101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-101020.

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

CME_SP1500-101020
Open High Low SP1500-101020 Price Change
724.34 738.26 722.47 729.61 +3.78
Entry Signal

MarketClub’s Trade Triangles for SP1500-101020

long term down The long-term trend has been DOWN since Nov 7th, 2023 at 727.50

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2023 at 768.23

short term up The short-term trend has been UP since Dec 1st, 2023 at 736.12

Smart Scan Analysis for SP1500-101020

Based on our trend formula, SP1500-101020 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SP1500-101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
724.34 738.26 722.47 729.61 +3.78
Prev. Close Volume Bid Ask Time
729.61 186950382 2023-12-01 16:51:12
52wk High639.1852wk High Date2018-10-09
52wk Low506.252wk Low Date2018-02-09
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