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Index Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

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

Crossroads (-60) - SP1500-1510 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 SP1500-1510?

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
623.14 626.85 620.55 626.12 -1.40
Entry Signal

MarketClub’s Trade Triangles for SP1500-1510

long term up The long-term trend has been UP since Aug 1st, 2024 at 633.25

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

short term down The short-term trend has been DOWN since Nov 12th, 2024 at 642.05

Smart Scan Analysis for SP1500-1510

Based on our trend formula, SP1500-1510 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP1500-1510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
623.14 626.85 620.55 626.12 -1.40
Prev. Close Volume Bid Ask Time
626.12 186355993 2024-11-19 16:55:28
52wk High434.6852wk High Date2018-01-26
52wk Low339.7852wk Low Date2018-10-26
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