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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

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

Bull Market Weakness (+75) - SP1500-1510 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-1510 as it may be in the beginning stages of a reversal.

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
613.22 622.25 613.22 620.16 +9.58
Entry Signal

MarketClub’s Trade Triangles for SP1500-1510

long term down The long-term trend has been DOWN since Jul 1st, 2024 at 591.36

intermediate term up The intermediate-term trend has been UP since Jul 12th, 2024 at 607.27

short term up The short-term trend has been UP since Jul 26th, 2024 at 618.18

Smart Scan Analysis for SP1500-1510

Based on our trend formula, SP1500-1510 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP1500-1510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
613.22 622.25 613.22 620.16 +9.58
Prev. Close Volume Bid Ask Time
610.58 128406792 2024-07-26 16:19:57
52wk High434.6852wk High Date2018-01-26
52wk Low339.7852wk Low Date2018-10-26
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