Index Trend Analysis Report
Prepared for you on Monday, August 8, 2022.
S&P Composite 1500 Transportation (Industry Group) (CME:SP1500-2030)
Crossroads (+60) - SP1500-2030 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 SP1500-2030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-2030
The long-term trend has been DOWN since Feb 24th, 2022 at 1089.65
The intermediate-term trend has been UP since Jul 19th, 2022 at 1008.76
The short-term trend has been UP since Jul 28th, 2022 at 1021.19
Smart Scan Analysis for SP1500-2030
Based on our trend formula, SP1500-2030 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||857.14||52wk High Date||2018-09-21|
|52wk Low||693.77||52wk Low Date||2018-02-09|