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Index Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

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
787.84 789.22 778.83 778.94 -6.11
Entry Signal

MarketClub’s Trade Triangles for SP1500-101020

long term up The long-term trend has been UP since Mar 1st, 2024 at 752.25

intermediate term down The intermediate-term trend has been DOWN since May 1st, 2024 at 817.42

short term up The short-term trend has been UP since Jun 20th, 2024 at 780.47

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
787.84 789.22 778.83 778.94 -6.11
Prev. Close Volume Bid Ask Time
778.94 476230649 2024-06-21 16:19:42
52wk High639.1852wk High Date2018-10-09
52wk Low506.252wk Low Date2018-02-09
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