Index Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
S&P Composite 1500 Consumer Discretionary (Sector) (CME:SP1500-25)
Long-Term Downtrend (-90) - SP1500-25 is in a strong downtrend that is likely to continue. While SP1500-25 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 SP1500-25?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-25.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-25
The long-term trend has been DOWN since Mar 5th, 2021 at 1135.19
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 1205.82
The short-term trend has been DOWN since Feb 22nd, 2021 at 1238.14
Smart Scan Analysis for SP1500-25
Based on our trend formula, SP1500-25 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||867.63||52wk High Date||2018-10-01|
|52wk Low||704.64||52wk Low Date||2017-12-01|