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Index Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

S&P Composite 1500 Automobiles (Industry) (CME:SP1500-251020)

Sidelines Mode (-55) - SP1500-251020 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP1500-251020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-251020.

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

CME_SP1500-251020
Open High Low SP1500-251020 Price Change
69.98 72.74 69.66 72.15 +2.49
Entry Signal

MarketClub’s Trade Triangles for SP1500-251020

long term down The long-term trend has been DOWN since Oct 2nd, 2019 at 94.17

intermediate term up The intermediate-term trend has been UP since May 18th, 2020 at 66.08

short term down The short-term trend has been DOWN since May 29th, 2020 at 71.40

Smart Scan Analysis for SP1500-251020

Based on our trend formula, SP1500-251020 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SP1500-251020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.98 72.74 69.66 72.15 +2.49
Prev. Close Volume Bid Ask Time
56.57 77720385 2020-06-01 16:20:12
52wk High137.7852wk High Date2018-01-16
52wk Low87.0552wk Low Date2018-10-24
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