Index Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
S&P Composite 1500 Transportation (Industry Group) (CME:SP1500-2030)
Long-Term Uptrend (+90) - SP1500-2030 is in a strong uptrend that is likely to continue. While SP1500-2030 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 UP since Oct 22nd, 2021 at 1141.64
The intermediate-term trend has been UP since Oct 7th, 2021 at 1078.57
The short-term trend has been UP since Oct 14th, 2021 at 1083.68
Smart Scan Analysis for SP1500-2030
Based on our trend formula, SP1500-2030 is rated as a +90 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|