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Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P Composite 1500 Retailing (Industry Group) (CME:SP1500-2550)
Long-Term Uptrend (+90) - SP1500-2550 is in a strong uptrend that is likely to continue. While SP1500-2550 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 SP1500-2550?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-2550.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-2550
The long-term trend has been UP since May 18th, 2020 at 2473.13
The intermediate-term trend has been UP since Apr 6th, 2020 at 2023.85
The short-term trend has been UP since May 28th, 2020 at 2549.50
Smart Scan Analysis for SP1500-2550
Based on our trend formula, SP1500-2550 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2558.23 | 2576.18 | 2556.31 | 2570.17 | +14.18 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2008.72 | 243374547 | 2020-06-01 16:20:12 |
| 52wk High | 2283.76 | 52wk High Date | 2018-10-01 |
| 52wk Low | 1556.41 | 52wk Low Date | 2017-12-01 |