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Index Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

S&P Composite 1500 Airlines (Industry) (CME:SP1500-203020)

Long-Term Downtrend (-90) - SP1500-203020 is in a strong downtrend that is likely to continue. While SP1500-203020 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 SP1500-203020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-203020.

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

CME_SP1500-203020
Open High Low SP1500-203020 Price Change
157.36 160.12 147.24 152.03 -3.72
Entry Signal

MarketClub’s Trade Triangles for SP1500-203020

long term down The long-term trend has been DOWN since Oct 2nd, 2019 at 350.49

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 365.88

short term down The short-term trend has been DOWN since Mar 30th, 2020 at 194.13

Smart Scan Analysis for SP1500-203020

Based on our trend formula, SP1500-203020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-203020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
157.36 160.12 147.24 152.03 -3.72
Prev. Close Volume Bid Ask Time
186.24 181577584 2020-04-03 17:10:00
52wk High448.5952wk High Date2018-01-16
52wk Low348.9552wk Low Date2018-06-28
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