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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P Composite 1500 - Pharmaceuticals, Biotechnology & Life Sciences (Industry Group) (CME:SP1500-3520)

Long-Term Uptrend (+90) - SP1500-3520 is in a strong uptrend that is likely to continue. While SP1500-3520 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 SP1500-3520?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-3520.

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

CME_SP1500-3520
Open High Low SP1500-3520 Price Change
1499.92 1508.70 1499.92 1501.65 +1.73
Entry Signal

MarketClub’s Trade Triangles for SP1500-3520

long term up The long-term trend has been UP since Jan 2nd, 2024 at 1371.88

intermediate term up The intermediate-term trend has been UP since Mar 28th, 2024 at 1500.89

short term up The short-term trend has been UP since Mar 21st, 2024 at 1481.50

Smart Scan Analysis for SP1500-3520

Based on our trend formula, SP1500-3520 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP1500-3520
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1499.92 1508.70 1499.92 1501.65 +1.73
Prev. Close Volume Bid Ask Time
1501.65 155591500 2024-03-28 16:19:30
52wk High1010.8252wk High Date2018-10-03
52wk Low831.352wk Low Date2018-05-03
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