Index Trend Analysis Report
Prepared for you on Monday, February 24, 2020.
S&P Composite 1500 Consumer Discretionary (Sector) (CME:SP1500-25)
Weak Downtrend (-65) - SP1500-25 is showing signs of a strengthening downtrend. Monitor SP1500-25 as it may be building momentum to the downside.
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 UP since Dec 17th, 2019 at 886.11
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 905.17
The short-term trend has been DOWN since Feb 20th, 2020 at 940.03
Smart Scan Analysis for SP1500-25
Based on our trend formula, SP1500-25 is rated as a -70 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|