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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P Composite 1500 Oil & Gas Equipment & Services (Sub Ind) (CME:SP1500-10101020)

Long-Term Downtrend (-90) - SP1500-10101020 is in a strong downtrend that is likely to continue. While SP1500-10101020 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP1500-10101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10101020.

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

CME_SP1500-10101020
Open High Low SP1500-10101020 Price Change
336.71 341.46 333.63 341.09 +4.75
Entry Signal

MarketClub’s Trade Triangles for SP1500-10101020

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 378.93

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2024 at 372.35

short term down The short-term trend has been DOWN since Dec 16th, 2024 at 359.09

Smart Scan Analysis for SP1500-10101020

Based on our trend formula, SP1500-10101020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-10101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
336.71 341.46 333.63 341.09 +4.75
Prev. Close Volume Bid Ask Time
341.09 17556762 2024-12-24 13:19:57
52wk High654.3852wk High Date2018-01-23
52wk Low388.7352wk Low Date2018-11-28
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