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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

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

Sidelines Mode (-55) - SP1500-40 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 SP1500-40?

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
727.56 730.73 725.55 726.93 -1.66
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 Apr 11th, 2024 at 723.99

short term up The short-term trend has been UP since Apr 19th, 2024 at 715.08

Smart Scan Analysis for SP1500-40

Based on our trend formula, SP1500-40 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP1500-40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
727.56 730.73 725.55 726.93 -1.66
Prev. Close Volume Bid Ask Time
728.59 408270006 2024-04-26 16:19:44
52wk High551.5852wk High Date2018-01-29
52wk Low456.1452wk Low Date2018-10-26
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