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Index Trend Analysis Report

Prepared for you on Tuesday, June 25, 2024.

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

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

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.

CME_SP1500-55
Open High Low SP1500-55 Price Change
400.36 401.16 396.55 396.70 -4.23
Entry Signal

MarketClub’s Trade Triangles for SP1500-55

long term up The long-term trend has been UP since Dec 13th, 2023 at 372.22

intermediate term down The intermediate-term trend has been DOWN since Jun 7th, 2024 at 401.38

short term up The short-term trend has been UP since Jun 21st, 2024 at 398.62

Smart Scan Analysis for SP1500-55

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

-55
Smart Scan Analysis for SP1500-55
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
400.36 401.16 396.55 396.70 -4.23
Prev. Close Volume Bid Ask Time
400.93 25670223 2024-06-25 12:02:19
52wk High330.8752wk High Date2017-12-01
52wk Low277.1752wk Low Date2018-02-06
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