Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, June 29, 2022.

S&P Composite 1500 Materials (Industry Group) (CME:SP1500-1510)

Long-Term Downtrend (-90) - SP1500-1510 is in a strong downtrend that is likely to continue. While SP1500-1510 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP1500-1510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-1510.

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

CME_SP1500-1510
Open High Low SP1500-1510 Price Change
502.65 502.95 492.28 497.90 -3.91
Entry Signal

MarketClub’s Trade Triangles for SP1500-1510

long term down The long-term trend has been DOWN since Jun 13th, 2022 at 532.67

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2022 at 544.02

short term down The short-term trend has been DOWN since Jun 29th, 2022 at 493.66

Smart Scan Analysis for SP1500-1510

Based on our trend formula, SP1500-1510 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-1510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
502.65 502.95 492.28 497.90 -3.91
Prev. Close Volume Bid Ask Time
501.81 130241999 2022-06-29 16:20:12
52wk High434.6852wk High Date2018-01-26
52wk Low339.7852wk Low Date2018-10-26
Get a free daily analysis and signals for S&P Composite 1500 Materials (Industry Group) (SP1500-1510) - Request Your Free Report.