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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

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

Crossroads (+60) - SP1500-15 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
364.34 367.96 363.73 366.45 +2.31
Entry Signal

MarketClub’s Trade Triangles for SP1500-15

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 382.38

intermediate term up The intermediate-term trend has been UP since Apr 7th, 2020 at 302.87

short term up The short-term trend has been UP since May 26th, 2020 at 354.73

Smart Scan Analysis for SP1500-15

Based on our trend formula, SP1500-15 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SP1500-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
364.34 367.96 363.73 366.45 +2.31
Prev. Close Volume Bid Ask Time
299.87 146309882 2020-06-01 16:19:52
52wk High470.0652wk High Date2017-12-06
52wk Low339.7252wk Low Date2018-10-26
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