Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

S&P Composite 1500 Oil, Gas & Consumable Fuels (Industry) (CME:SP1500-101020)

Long-Term Downtrend (-90) - SP1500-101020 is in a strong downtrend that is likely to continue. While SP1500-101020 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 ?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-101020.

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

CME_SP1500-101020
Open High Low SP1500-101020 Price Change
454.05 454.36 447.68 450.17 -3.70
Entry Signal

MarketClub’s Trade Triangles for SP1500-101020

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 456.64

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2020 at 494.29

short term down The short-term trend has been DOWN since Feb 14th, 2020 at 448.37

Smart Scan Analysis for SP1500-101020

Based on our trend formula, SP1500-101020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-101020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
454.05 454.36 447.68 450.17 -3.70
Prev. Close Volume Bid Ask Time
500.33 345639534 2020-02-14 17:06:23
52wk High639.1852wk High Date2018-10-09
52wk Low506.252wk Low Date2018-02-09
Get a free daily analysis and signals for S&P Composite 1500 Oil, Gas & Consumable Fuels (Industry) (SP1500-101020) - Request Your Free Report.