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Index Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

S&P Composite 1500 Oil & Gas Drilling (Sub Ind) (CME:SP1500-10101010)

Crossroads (+60) - SP1500-10101010 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP1500-10101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10101010.

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

CME_SP1500-10101010
Open High Low SP1500-10101010 Price Change
46.58 49.18 46.58 48.68 +2.69
Entry Signal

MarketClub’s Trade Triangles for SP1500-10101010

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 101.44

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2020 at 44.81

short term up The short-term trend has been UP since Aug 4th, 2020 at 45.29

Smart Scan Analysis for SP1500-10101010

Based on our trend formula, SP1500-10101010 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SP1500-10101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.58 49.18 46.58 48.68 +2.69
Prev. Close Volume Bid Ask Time
47.98 34047947 2020-08-10 17:12:11
52wk High326.4652wk High Date2018-05-17
52wk Low221.2652wk Low Date2018-11-28
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