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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2024.

S&P Composite 1500 Financials (Sector) (CME:SP1500-40)

Countertrend Up (+85) - SP1500-40 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-40?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40.

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

CME_SP1500-40
Open High Low SP1500-40 Price Change
901.74 903.78 898.20 901.04 +0.30
Entry Signal

MarketClub’s Trade Triangles for SP1500-40

long term up The long-term trend has been UP since Nov 30th, 2023 at 637.29

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 854.80

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 909.05

Smart Scan Analysis for SP1500-40

Based on our trend formula, SP1500-40 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP1500-40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
901.74 903.78 898.20 901.04 +0.30
Prev. Close Volume Bid Ask Time
901.04 318180565 2024-12-06 16:19:04
52wk High551.5852wk High Date2018-01-29
52wk Low456.1452wk Low Date2018-10-26
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