Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
S&P Composite 1500 Energy (Sector) (CME:SP1500-10)
Long-Term Uptrend (+90) - SP1500-10 is in a strong uptrend that is likely to continue. While SP1500-10 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for SP1500-10
The long-term trend has been UP since Nov 24th, 2020 at 296.84
The intermediate-term trend has been UP since Feb 8th, 2021 at 333.04
The short-term trend has been UP since Feb 3rd, 2021 at 310.10
Smart Scan Analysis for SP1500-10
Based on our trend formula, SP1500-10 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||603.42||52wk High Date||2018-05-22|
|52wk Low||477.65||52wk Low Date||2018-11-23|