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Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
S&P Composite 1500 Energy (Industry Group) (CME:SP1500-1010)
Long-Term Downtrend (-90) - SP1500-1010 is in a strong downtrend that is likely to continue. While SP1500-1010 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 SP1500-1010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-1010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-1010
The long-term trend has been DOWN since Jun 23rd, 2022 at 531.73
The intermediate-term trend has been DOWN since Jun 15th, 2022 at 620.61
The short-term trend has been DOWN since Jun 30th, 2022 at 551.15
Smart Scan Analysis for SP1500-1010
Based on our trend formula, SP1500-1010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 522.09 | 532.75 | 504.14 | 521.41 | -7.83 |
| Prev. Close | Volume | Bid | Ask | Time |
| 529.24 | 306989748 | 2022-07-06 15:39:57 |
| 52wk High | 603.4 | 52wk High Date | 2018-05-22 |
| 52wk Low | 477.65 | 52wk Low Date | 2018-11-23 |