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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P Composite 1500 Chemicals (Industry) (CME:SP1500-151010)

Long-Term Downtrend (-90) - SP1500-151010 is in a strong downtrend that is likely to continue. While SP1500-151010 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 SP1500-151010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-151010.

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

CME_SP1500-151010
Open High Low SP1500-151010 Price Change
829.73 836.32 827.55 836.26 +5.72
Entry Signal

MarketClub’s Trade Triangles for SP1500-151010

long term down The long-term trend has been DOWN since Dec 13th, 2024 at 869.74

intermediate term down The intermediate-term trend has been DOWN since Dec 10th, 2024 at 878.92

short term down The short-term trend has been DOWN since Nov 29th, 2024 at 910.95

Smart Scan Analysis for SP1500-151010

Based on our trend formula, SP1500-151010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-151010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
829.73 836.32 827.55 836.26 +5.72
Prev. Close Volume Bid Ask Time
836.26 28247921 2024-12-24 13:19:57
52wk High651.1552wk High Date2018-01-25
52wk Low482.0352wk Low Date2017-12-06
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