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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

S&P Composite 1500 Road & Rail (Industry) (CME:SP1500-203040)

Long-Term Downtrend (-90) - SP1500-203040 is in a strong downtrend that is likely to continue. While SP1500-203040 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 SP1500-203040?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-203040.

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

CME_SP1500-203040
Open High Low SP1500-203040 Price Change
2707.21 2730.78 2700.02 2730.54 +19.98
Entry Signal

MarketClub’s Trade Triangles for SP1500-203040

long term down The long-term trend has been DOWN since Dec 13th, 2024 at 2808.00

intermediate term down The intermediate-term trend has been DOWN since Dec 5th, 2024 at 2923.81

short term down The short-term trend has been DOWN since Dec 3rd, 2024 at 3061.58

Smart Scan Analysis for SP1500-203040

Based on our trend formula, SP1500-203040 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-203040
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2707.21 2730.78 2700.02 2730.54 +19.98
Prev. Close Volume Bid Ask Time
2730.54 19866520 2024-12-24 13:19:57
52wk High1728.152wk High Date2018-10-01
52wk Low1291.7452wk Low Date2018-02-09
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