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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

S&P 400 Materials (Sector) (CME:SP400-15)

Strong Uptrend (+100) - SP400-15 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SP400-15 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SP400-15?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-15.

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

CME_SP400-15
Open High Low SP400-15 Price Change
747.81 752.93 745.72 751.65 +4.82
Entry Signal

MarketClub’s Trade Triangles for SP400-15

long term up The long-term trend has been UP since Dec 13th, 2023 at 691.04

intermediate term up The intermediate-term trend has been UP since May 9th, 2024 at 749.91

short term up The short-term trend has been UP since Apr 29th, 2024 at 727.79

Smart Scan Analysis for SP400-15

Based on our trend formula, SP400-15 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SP400-15
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
747.81 752.93 745.72 751.65 +4.82
Prev. Close Volume Bid Ask Time
751.65 40266091 2024-05-09 16:20:04
52wk High545.1152wk High Date2018-01-26
52wk Low424.1952wk Low Date2018-10-29
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