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Index Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

S&P Composite 1500 Automobiles & Components (Industry Group) (CME:SP1500-2510)

Long-Term Downtrend (-90) - SP1500-2510 is in a strong downtrend that is likely to continue. While SP1500-2510 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 SP1500-2510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2510.

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

CME_SP1500-2510
Open High Low SP1500-2510 Price Change
124.89 125.89 124.73 125.55 +1.26
Entry Signal

MarketClub’s Trade Triangles for SP1500-2510

long term down The long-term trend has been DOWN since Feb 7th, 2020 at 123.36

intermediate term down The intermediate-term trend has been DOWN since Jan 6th, 2020 at 131.79

short term down The short-term trend has been DOWN since Feb 18th, 2020 at 124.18

Smart Scan Analysis for SP1500-2510

Based on our trend formula, SP1500-2510 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-2510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
124.89 125.89 124.73 125.55 +1.26
Prev. Close Volume Bid Ask Time
128.99 95374475 2020-02-19 17:05:09
52wk High178.952wk High Date2018-01-16
52wk Low115.852wk Low Date2018-10-24
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