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Index Trend Analysis Report

Prepared for you on Sunday, December 22, 2024.

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

Strong Downtrend (-100) - SP1500-3020 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP1500-3020 continues to fall. Traders should use caution and set stops.

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
853.56 864.12 852.57 859.52 +5.88
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 down The intermediate-term trend has been DOWN since Dec 16th, 2024 at 882.09

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 -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP1500-3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
853.56 864.12 852.57 859.52 +5.88
Prev. Close Volume Bid Ask Time
859.52 316787796 2024-12-20 16:19:12
52wk High785.152wk High Date2018-01-29
52wk Low64452wk Low Date2018-05-15
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