Index Trend Analysis Report
Prepared for you on Sunday, July 3, 2022.
S&P Composite 1500 Industrials (Sector) (CME:SP1500-20)
Long-Term Downtrend (-90) - SP1500-20 is in a strong downtrend that is likely to continue. While SP1500-20 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 SP1500-20?
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.
MarketClub’s Trade Triangles for SP1500-20
The long-term trend has been DOWN since Jan 28th, 2022 at 900.38
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 818.67
The short-term trend has been DOWN since Jun 29th, 2022 at 793.32
Smart Scan Analysis for SP1500-20
Based on our trend formula, SP1500-20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||727.84||52wk High Date||2018-01-29|
|52wk Low||604.88||52wk Low Date||2018-10-29|