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Index Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
S&P Composite 1500 Industrials (Sector) (CME:SP1500-20)
Sidelines Mode (+55) - SP1500-20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-20
The long-term trend has been UP since Aug 26th, 2024 at 1214.69
The intermediate-term trend has been UP since Sep 17th, 2024 at 1225.12
The short-term trend has been DOWN since Oct 21st, 2024 at 1287.49
Smart Scan Analysis for SP1500-20
Based on our trend formula, SP1500-20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1270.00 | 1271.12 | 1256.95 | 1259.76 | -3.74 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1259.76 | 315950727 | 2024-10-25 16:19:59 |
| 52wk High | 727.84 | 52wk High Date | 2018-01-29 |
| 52wk Low | 604.88 | 52wk Low Date | 2018-10-29 |