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Index Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

S&P 500 Materials (Industry Group) (CME:SP500-1510)

Crossroads (-60) - SP500-1510 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 SP500-1510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-1510.

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

CME_SP500-1510
Open High Low SP500-1510 Price Change
573.97 577.17 570.97 576.35 -1.64
Entry Signal

MarketClub’s Trade Triangles for SP500-1510

long term up The long-term trend has been UP since Aug 1st, 2024 at 585.97

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2024 at 592.16

short term down The short-term trend has been DOWN since Nov 11th, 2024 at 591.33

Smart Scan Analysis for SP500-1510

Based on our trend formula, SP500-1510 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SP500-1510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
573.97 577.17 570.97 576.35 -1.64
Prev. Close Volume Bid Ask Time
576.35 121378700 2024-11-19 16:55:29
52wk High402.0752wk High Date2018-01-26
52wk Low302.0652wk Low Date2017-12-06
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