Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, April 1, 2023.

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

Sidelines Mode (-55) - SP1500-101020 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 SP1500-101020?

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
713.71 718.56 712.14 717.21 +4.76
Entry Signal

MarketClub’s Trade Triangles for SP1500-101020

long term down The long-term trend has been DOWN since Feb 22nd, 2023 at 713.80

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 744.36

short term up The short-term trend has been UP since Mar 28th, 2023 at 694.55

Smart Scan Analysis for SP1500-101020

Based on our trend formula, SP1500-101020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP1500-101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
713.71 718.56 712.14 717.21 +4.76
Prev. Close Volume Bid Ask Time
717.21 182203982 2023-03-31 16:58:54
52wk High639.1852wk High Date2018-10-09
52wk Low506.252wk Low Date2018-02-09
Get a free daily analysis and signals for S&P Composite 1500 Oil, Gas & Consumable Fuels (Industry) (SP1500-101020) - Request Your Free Report.