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Index Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
S&P Composite 1500 Materials (Industry Group) (CME:SP1500-1510)
Long-Term Uptrend (+90) - SP1500-1510 is in a strong uptrend that is likely to continue. While SP1500-1510 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
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MarketClub’s Trade Triangles for SP1500-1510
The long-term trend has been UP since Jun 2nd, 2020 at 373.08
The intermediate-term trend has been UP since Feb 16th, 2021 at 496.22
The short-term trend has been UP since Mar 2nd, 2021 at 507.54
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 502.92 | 506.05 | 499.24 | 499.39 | -4.41 |
| Prev. Close | Volume | Bid | Ask | Time |
| 503.80 | 159819656 | 2021-03-03 16:09:57 |
| 52wk High | 434.68 | 52wk High Date | 2018-01-26 |
| 52wk Low | 339.78 | 52wk Low Date | 2018-10-26 |