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Index Trend Analysis Report

Prepared for you on Tuesday, June 18, 2024.

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

Weak Downtrend (-65) - SP1500-15 is showing signs of a strengthening downtrend. Monitor SP1500-15 as it may be building momentum to the downside.

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.

Open High Low SP1500-15 Price Change
602.07 604.53 598.87 601.32 -0.79
Entry Signal

MarketClub’s Trade Triangles for SP1500-15

long term up The long-term trend has been UP since Dec 13th, 2023 at 567.42

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 608.38

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 598.74

Smart Scan Analysis for SP1500-15

Based on our trend formula, SP1500-15 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SP1500-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
602.07 604.53 598.87 601.32 -0.79
Prev. Close Volume Bid Ask Time
602.11 128660394 2024-06-18 16:19:39
52wk High470.0652wk High Date2017-12-06
52wk Low339.7252wk Low Date2018-10-26
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