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Index Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

S&P Composite 1500 Tires & Rubber (Sub Ind) (CME:SP1500-25101020)

Sidelines Mode (-55) - SP1500-25101020 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 SP1500-25101020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-25101020.

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

CME_SP1500-25101020
Open High Low SP1500-25101020 Price Change
65.49 66.22 64.76 65.49 -0.24
Entry Signal

MarketClub’s Trade Triangles for SP1500-25101020

long term down The long-term trend has been DOWN since Sep 27th, 2023 at 57.15

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2023 at 60.17

short term down The short-term trend has been DOWN since Dec 7th, 2023 at 65.40

Smart Scan Analysis for SP1500-25101020

Based on our trend formula, SP1500-25101020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP1500-25101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
65.49 66.22 64.76 65.49 -0.24
Prev. Close Volume Bid Ask Time
65.49 2226322 2023-12-08 16:19:57
52wk High124.4252wk High Date2018-01-24
52wk Low68.4252wk Low Date2018-10-26
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