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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P Composite 1500 Materials (Sector) (CME:SP1500-15)

Countertrend Down (-85) - SP1500-15 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP1500-15?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-15.

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

CME_SP1500-15
Open High Low SP1500-15 Price Change
579.41 583.38 579.03 581.53 -1.11
Entry Signal

MarketClub’s Trade Triangles for SP1500-15

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 593.54

intermediate term down The intermediate-term trend has been DOWN since Oct 31st, 2024 at 633.34

short term up The short-term trend has been UP since Dec 26th, 2024 at 582.72

Smart Scan Analysis for SP1500-15

Based on our trend formula, SP1500-15 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP1500-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
579.41 583.38 579.03 581.53 -1.11
Prev. Close Volume Bid Ask Time
582.64 52932674 2024-12-26 15:08:59
52wk High470.0652wk High Date2017-12-06
52wk Low339.7252wk Low Date2018-10-26
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