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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

S&P Composite 1500 Industrials (Sector) (CME:SP1500-20)

Crossroads (+60) - SP1500-20 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 SP1500-20?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20.

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

CME_SP1500-20
Open High Low SP1500-20 Price Change
613.81 620.11 611.35 615.68 +1.87
Entry Signal

MarketClub’s Trade Triangles for SP1500-20

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 715.30

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 584.65

short term up The short-term trend has been UP since May 18th, 2020 at 546.33

Smart Scan Analysis for SP1500-20

Based on our trend formula, SP1500-20 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SP1500-20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
613.81 620.11 611.35 615.68 +1.87
Prev. Close Volume Bid Ask Time
540.04 495140290 2020-06-01 16:19:52
52wk High727.8452wk High Date2018-01-29
52wk Low604.8852wk Low Date2018-10-29
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