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Index Trend Analysis Report

Prepared for you on Thursday, February 20, 2020.

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

Long-Term Downtrend (-90) - SP1500-251020 is in a strong downtrend that is likely to continue. While SP1500-251020 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 SP1500-251020?

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
93.84 94.47 93.61 93.95 +0.51
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 down The intermediate-term trend has been DOWN since Jan 6th, 2020 at 99.17

short term down The short-term trend has been DOWN since Feb 18th, 2020 at 93.58

Smart Scan Analysis for SP1500-251020

Based on our trend formula, SP1500-251020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-251020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
93.84 94.47 93.61 93.95 +0.51
Prev. Close Volume Bid Ask Time
97.65 75055716 2020-02-19 17:05:09
52wk High137.7852wk High Date2018-01-16
52wk Low87.0552wk Low Date2018-10-24
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