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Index Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

S&P Composite 1500 Consumer Staples (Sector) (CME:SP1500-30)

Sidelines Mode (+55) - SP1500-30 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 SP1500-30?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-30.

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

CME_SP1500-30
Open High Low SP1500-30 Price Change
865.86 867.94 863.44 865.16 -4.99
Entry Signal

MarketClub’s Trade Triangles for SP1500-30

long term up The long-term trend has been UP since Jan 2nd, 2024 at 812.43

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 867.91

short term down The short-term trend has been DOWN since May 22nd, 2024 at 882.03

Smart Scan Analysis for SP1500-30

Based on our trend formula, SP1500-30 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SP1500-30
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
865.86 867.94 863.44 865.16 -4.99
Prev. Close Volume Bid Ask Time
870.15 58041597 2024-05-29 11:34:19
52wk High640.3252wk High Date2018-01-29
52wk Low530.0152wk Low Date2018-05-03
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