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Index Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

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

Long-Term Uptrend (+90) - SP1500-2510 is in a strong uptrend that is likely to continue. While SP1500-2510 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 SP1500-2510?

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
216.86 221.88 215.62 216.27 +1.96
Entry Signal

MarketClub’s Trade Triangles for SP1500-2510

long term up The long-term trend has been UP since Aug 2nd, 2021 at 163.67

intermediate term up The intermediate-term trend has been UP since Jul 30th, 2021 at 161.77

short term up The short-term trend has been UP since Oct 4th, 2021 at 175.38

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
216.86 221.88 215.62 216.27 +1.96
Prev. Close Volume Bid Ask Time
214.31 179722048 2021-10-27 17:05:02
52wk High178.952wk High Date2018-01-16
52wk Low115.852wk Low Date2018-10-24
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