Index Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
S&P Composite 1500 Energy (Industry Group) (CME:SP1500-1010)
Sidelines Mode (+55) - SP1500-1010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for SP1500-1010
The long-term trend has been DOWN since Jan 30th, 2020 at 408.08
The intermediate-term trend has been UP since Apr 7th, 2020 at 236.59
The short-term trend has been DOWN since May 22nd, 2020 at 279.20
Smart Scan Analysis for SP1500-1010
Based on our trend formula, SP1500-1010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||603.4||52wk High Date||2018-05-22|
|52wk Low||477.65||52wk Low Date||2018-11-23|