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Index Trend Analysis Report

Prepared for you on Thursday, September 12, 2024.

S&P Composite 1500 Oil & Gas Exploration & Production (Sub Ind) (CME:SP1500-10102020)

Long-Term Downtrend (-90) - SP1500-10102020 is in a strong downtrend that is likely to continue. While SP1500-10102020 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 SP1500-10102020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10102020.

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

CME_SP1500-10102020
Open High Low SP1500-10102020 Price Change
604.63 605.61 591.60 603.00 -1.79
Entry Signal

MarketClub’s Trade Triangles for SP1500-10102020

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 653.05

intermediate term down The intermediate-term trend has been DOWN since Sep 3rd, 2024 at 643.13

short term down The short-term trend has been DOWN since Sep 3rd, 2024 at 651.03

Smart Scan Analysis for SP1500-10102020

Based on our trend formula, SP1500-10102020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-10102020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
604.63 605.61 591.60 603.00 -1.79
Prev. Close Volume Bid Ask Time
603.00 108836494 2024-09-11 17:00:24
52wk High557.1452wk High Date2018-10-09
52wk Low402.7152wk Low Date2018-02-09
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