Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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

Countertrend Down (-85) - SP1500-1510 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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
579.25 583.38 579.04 581.52 -1.12
Entry Signal

MarketClub’s Trade Triangles for SP1500-1510

long term down The long-term trend has been DOWN since Dec 18th, 2024 at 593.63

intermediate term down The intermediate-term trend has been DOWN since Oct 31st, 2024 at 633.35

short term up The short-term trend has been UP since Dec 26th, 2024 at 582.70

Smart Scan Analysis for SP1500-1510

Based on our trend formula, SP1500-1510 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP1500-1510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
579.25 583.38 579.04 581.52 -1.12
Prev. Close Volume Bid Ask Time
582.64 52929830 2024-12-26 15:08:57
52wk High434.6852wk High Date2018-01-26
52wk Low339.7852wk Low Date2018-10-26
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