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Index Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

S&P Composite 1500 Utilities (Sector) (CME:SP1500-55)

Bull Market Weakness (+75) - SP1500-55 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-55 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP1500-55?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-55.

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

CME_SP1500-55
Open High Low SP1500-55 Price Change
438.26 439.20 433.34 433.39 -4.16
Entry Signal

MarketClub’s Trade Triangles for SP1500-55

long term up The long-term trend has been UP since Dec 13th, 2023 at 372.22

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 402.25

short term down The short-term trend has been DOWN since Sep 6th, 2024 at 433.78

Smart Scan Analysis for SP1500-55

Based on our trend formula, SP1500-55 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP1500-55
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
438.26 439.20 433.34 433.39 -4.16
Prev. Close Volume Bid Ask Time
433.39 114901501 2024-09-06 16:19:49
52wk High330.8752wk High Date2017-12-01
52wk Low277.1752wk Low Date2018-02-06
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