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.
MarketClub’s Trade Triangles for SP400-15101010
The long-term trend has been DOWN since Oct 20th, 2023 at 288.10
The intermediate-term trend has been UP since Nov 13th, 2023 at 292.70
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).
|52wk High||241.73||52wk High Date||2018-01-25|
|52wk Low||154.73||52wk Low Date||2018-10-30|