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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P Composite 1500 Banks (Industry Group) (CME:SP1500-4010)

Bull Market Weakness (+75) - SP1500-4010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-4010 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP1500-4010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4010.

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

CME_SP1500-4010
Open High Low SP1500-4010 Price Change
400.03 401.72 396.47 401.22 +1.19
Entry Signal

MarketClub’s Trade Triangles for SP1500-4010

long term up The long-term trend has been UP since Dec 1st, 2023 at 327.89

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 383.13

short term up The short-term trend has been UP since Apr 19th, 2024 at 381.20

Smart Scan Analysis for SP1500-4010

Based on our trend formula, SP1500-4010 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SP1500-4010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
400.03 401.72 396.47 401.22 +1.19
Prev. Close Volume Bid Ask Time
400.03 203552274 2024-04-24 17:07:33
52wk High389.9552wk High Date2018-01-29
52wk Low315.4352wk Low Date2018-10-24
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