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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P 500 Materials (Industry Group) (CME:SP500-1510)

Weak Downtrend (-65) - SP500-1510 is showing signs of a strengthening downtrend. Monitor SP500-1510 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SP500-1510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-1510.

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

CME_SP500-1510
Open High Low SP500-1510 Price Change
557.41 563.58 554.76 560.58 +0.55
Entry Signal

MarketClub’s Trade Triangles for SP500-1510

long term up The long-term trend has been UP since Dec 14th, 2023 at 527.65

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 568.90

short term down The short-term trend has been DOWN since Apr 4th, 2024 at 578.83

Smart Scan Analysis for SP500-1510

Based on our trend formula, SP500-1510 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SP500-1510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
557.41 563.58 554.76 560.58 +0.55
Prev. Close Volume Bid Ask Time
560.58 81458085 2024-04-22 16:20:08
52wk High402.0752wk High Date2018-01-26
52wk Low302.0652wk Low Date2017-12-06
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