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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P Composite 1500 Industrials (Sector) (CME:SP1500-20)

Long-Term Uptrend (+90) - SP1500-20 is in a strong uptrend that is likely to continue. While SP1500-20 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 SP1500-20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP1500-20
Open High Low SP1500-20 Price Change
1181.93 1185.03 1179.87 1182.76 +1.48
Entry Signal

MarketClub’s Trade Triangles for SP1500-20

long term up The long-term trend has been UP since Dec 8th, 2023 at 1018.64

intermediate term up The intermediate-term trend has been UP since Jan 29th, 2024 at 1067.41

short term up The short-term trend has been UP since Mar 28th, 2024 at 1181.35

Smart Scan Analysis for SP1500-20

Based on our trend formula, SP1500-20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP1500-20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1181.93 1185.03 1179.87 1182.76 +1.48
Prev. Close Volume Bid Ask Time
1182.76 372200809 2024-03-28 16:19:34
52wk High727.8452wk High Date2018-01-29
52wk Low604.8852wk Low Date2018-10-29
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