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Index Trend Analysis Report

Prepared for you on Saturday, May 15, 2021.

S&P Composite 1500 Oil & Gas Exploration & Production (Sub Ind) (CME:SP1500-10102020)

Countertrend Up (+85) - SP1500-10102020 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-10102020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10102020.

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

CME_SP1500-10102020
Open High Low SP1500-10102020 Price Change
361.74 373.67 361.74 372.46 +16.85
Entry Signal

MarketClub’s Trade Triangles for SP1500-10102020

long term up The long-term trend has been UP since Nov 24th, 2020 at 247.58

intermediate term up The intermediate-term trend has been UP since Apr 28th, 2021 at 349.19

short term down The short-term trend has been DOWN since May 13th, 2021 at 359.80

Smart Scan Analysis for SP1500-10102020

Based on our trend formula, SP1500-10102020 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP1500-10102020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
361.74 373.67 361.74 372.46 +16.85
Prev. Close Volume Bid Ask Time
372.46 98005691 2021-05-14 17:02:35
52wk High557.1452wk High Date2018-10-09
52wk Low402.7152wk Low Date2018-02-09
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