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Index Trend Analysis Report

Prepared for you on Friday, August 7, 2020.

S&P Composite 1500 Energy (Sector) (CME:SP1500-10)

Bull Market Weakness (+75) - SP1500-10 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-10 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP1500-10?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10.

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

Open High Low SP1500-10 Price Change
275.52 277.22 272.88 277.10 -1.29
Entry Signal

MarketClub’s Trade Triangles for SP1500-10

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 408.04

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2020 at 288.04

short term up The short-term trend has been UP since Aug 4th, 2020 at 276.24

Smart Scan Analysis for SP1500-10

Based on our trend formula, SP1500-10 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SP1500-10
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
275.52 277.22 272.88 277.10 -1.29
Prev. Close Volume Bid Ask Time
287.96 234071795 2020-08-07 14:37:57
52wk High603.4252wk High Date2018-05-22
52wk Low477.6552wk Low Date2018-11-23
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