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Index Trend Analysis Report

Prepared for you on Friday, December 13, 2024.

S&P Composite 1500 Food Beverage & Tobacco (Industry Group) (CME:SP1500-3020)

Bear Market Rally (-75) - SP1500-3020 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP1500-3020 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SP1500-3020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-3020.

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

CME_SP1500-3020
Open High Low SP1500-3020 Price Change
885.17 891.93 882.72 886.08 -4.24
Entry Signal

MarketClub’s Trade Triangles for SP1500-3020

long term down The long-term trend has been DOWN since Nov 6th, 2024 at 896.08

intermediate term up The intermediate-term trend has been UP since Nov 27th, 2024 at 913.61

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 902.75

Smart Scan Analysis for SP1500-3020

Based on our trend formula, SP1500-3020 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SP1500-3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
885.17 891.93 882.72 886.08 -4.24
Prev. Close Volume Bid Ask Time
890.32 104894660 2024-12-13 16:20:12
52wk High785.152wk High Date2018-01-29
52wk Low64452wk Low Date2018-05-15
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