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Index Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

S&P 500 Commodity Chemicals (Sub Ind) (CME:SP500-15101010)

Long-Term Downtrend (-90) - SP500-15101010 is in a strong downtrend that is likely to continue. While SP500-15101010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP500-15101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-15101010.

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

CME_SP500-15101010
Open High Low SP500-15101010 Price Change
162.63 163.33 159.44 160.16 -3.19
Entry Signal

MarketClub’s Trade Triangles for SP500-15101010

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 164.58

intermediate term down The intermediate-term trend has been DOWN since May 29th, 2024 at 165.94

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 161.66

Smart Scan Analysis for SP500-15101010

Based on our trend formula, SP500-15101010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP500-15101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
162.63 163.33 159.44 160.16 -3.19
Prev. Close Volume Bid Ask Time
160.16 4646401 2024-06-14 16:19:53
52wk High213.6152wk High Date2018-01-29
52wk Low149.9652wk Low Date2018-10-30
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