Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, December 9, 2023.

S&P Composite 1500 Utilities (Sector) (CME:SP1500-55)

Bull Market Weakness (+75) - SP1500-55 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-55 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP1500-55?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-55.

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

Open High Low SP1500-55 Price Change
360.84 361.61 357.79 360.24 -0.85
Entry Signal

MarketClub’s Trade Triangles for SP1500-55

long term down The long-term trend has been DOWN since Oct 6th, 2022 at 375.71

intermediate term up The intermediate-term trend has been UP since Oct 26th, 2023 at 344.59

short term up The short-term trend has been UP since Dec 1st, 2023 at 359.96

Smart Scan Analysis for SP1500-55

Based on our trend formula, SP1500-55 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SP1500-55
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
360.84 361.61 357.79 360.24 -0.85
Prev. Close Volume Bid Ask Time
360.24 120083052 2023-12-08 16:19:54
52wk High330.8752wk High Date2017-12-01
52wk Low277.1752wk Low Date2018-02-06
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