Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

S&P 400 Commodity Chemicals (Sub Ind) (CME:SP400-15101010)

Bull Market Weakness (+75) - SP400-15101010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP400-15101010 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP400-15101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP400-15101010.

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

CME_SP400-15101010
Open High Low SP400-15101010 Price Change
318.59 321.94 317.93 321.86 +3.31
Entry Signal

MarketClub’s Trade Triangles for SP400-15101010

long term down The long-term trend has been DOWN since Oct 20th, 2023 at 288.10

intermediate term up The intermediate-term trend has been UP since Nov 13th, 2023 at 292.70

short term up The short-term trend has been UP since Dec 1st, 2023 at 310.42

Smart Scan Analysis for SP400-15101010

Based on our trend formula, SP400-15101010 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP400-15101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
318.59 321.94 317.93 321.86 +3.31
Prev. Close Volume Bid Ask Time
318.55 93182 2023-12-08 10:01:05
52wk High241.7352wk High Date2018-01-25
52wk Low154.7352wk Low Date2018-10-30
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