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Index Trend Analysis Report

Prepared for you on Thursday, May 30, 2024.

S&P Composite 1500 Financials (Sector) (CME:SP1500-40)

Weak Downtrend (-65) - SP1500-40 is showing signs of a strengthening downtrend. Monitor SP1500-40 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP1500-40?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40.

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

CME_SP1500-40
Open High Low SP1500-40 Price Change
726.58 727.99 723.84 725.58 -6.67
Entry Signal

MarketClub’s Trade Triangles for SP1500-40

long term up The long-term trend has been UP since Nov 30th, 2023 at 637.29

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 727.99

short term down The short-term trend has been DOWN since May 20th, 2024 at 748.00

Smart Scan Analysis for SP1500-40

Based on our trend formula, SP1500-40 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP1500-40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
726.58 727.99 723.84 725.58 -6.67
Prev. Close Volume Bid Ask Time
725.58 350384041 2024-05-29 16:19:54
52wk High551.5852wk High Date2018-01-29
52wk Low456.1452wk Low Date2018-10-26
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