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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.

CME_SP1500-1010
Open High Low SP1500-1010 Price Change
522.09 532.75 504.14 521.41 -7.83
Entry Signal

MarketClub’s Trade Triangles for SP1500-1010

long term down The long-term trend has been DOWN since Jun 23rd, 2022 at 531.73

intermediate term down The intermediate-term trend has been DOWN since Jun 15th, 2022 at 620.61

short term down 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).

-90
Smart Scan Analysis for SP1500-1010
Strong Downtrend Sideways 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 High603.452wk High Date2018-05-22
52wk Low477.6552wk Low Date2018-11-23
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