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Index Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

S&P Composite 1500 Semiconductor Equipment (Sub Ind) (CME:SP1500-45301010)

Long-Term Downtrend (-90) - SP1500-45301010 is in a strong downtrend that is likely to continue. While SP1500-45301010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP1500-45301010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45301010.

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

CME_SP1500-45301010
Open High Low SP1500-45301010 Price Change
2545.49 2586.25 2537.34 2563.53 +43.72
Entry Signal

MarketClub’s Trade Triangles for SP1500-45301010

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 2901.98

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2024 at 2915.59

short term down The short-term trend has been DOWN since Dec 30th, 2024 at 2548.40

Smart Scan Analysis for SP1500-45301010

Based on our trend formula, SP1500-45301010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-45301010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2545.49 2586.25 2537.34 2563.53 +43.72
Prev. Close Volume Bid Ask Time
2519.81 8511487 2025-01-02 11:33:42
52wk High916.1252wk High Date2018-03-13
52wk Low529.352wk Low Date2018-10-29
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