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Index Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

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

Weak Downtrend (-65) - SP1500-1510 is showing signs of a strengthening downtrend. Monitor SP1500-1510 as it may be building momentum to the downside.

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
618.31 619.17 608.67 609.42 -10.43
Entry Signal

MarketClub’s Trade Triangles for SP1500-1510

long term up The long-term trend has been UP since Dec 13th, 2023 at 567.39

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 609.03

short term down The short-term trend has been DOWN since Apr 4th, 2024 at 621.94

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
618.31 619.17 608.67 609.42 -10.43
Prev. Close Volume Bid Ask Time
619.85 70355224 2024-04-12 13:16:57
52wk High434.6852wk High Date2018-01-26
52wk Low339.7852wk Low Date2018-10-26
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