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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P 400 Materials (Sector) (CME:SP400-15)

Crossroads (-60) - SP400-15 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP400-15?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-15.

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

CME_SP400-15
Open High Low SP400-15 Price Change
723.58 730.19 721.48 726.26 -0.06
Entry Signal

MarketClub’s Trade Triangles for SP400-15

long term up The long-term trend has been UP since Dec 13th, 2023 at 691.04

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 737.52

short term down The short-term trend has been DOWN since Apr 4th, 2024 at 757.31

Smart Scan Analysis for SP400-15

Based on our trend formula, SP400-15 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP400-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
723.58 730.19 721.48 726.26 -0.06
Prev. Close Volume Bid Ask Time
726.32 48232648 2024-04-19 16:20:04
52wk High545.1152wk High Date2018-01-26
52wk Low424.1952wk Low Date2018-10-29
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