Index Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
S&P Composite 1500 Retailing (Industry Group) (CME:SP1500-2550)
Sidelines Mode (-55) - SP1500-2550 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 SP1500-2550?
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.
MarketClub’s Trade Triangles for SP1500-2550
The long-term trend has been DOWN since Oct 1st, 2021 at 3600.30
The intermediate-term trend has been UP since Oct 18th, 2021 at 3794.48
The short-term trend has been DOWN since Oct 22nd, 2021 at 3817.33
Smart Scan Analysis for SP1500-2550
Based on our trend formula, SP1500-2550 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2283.76||52wk High Date||2018-10-01|
|52wk Low||1556.41||52wk Low Date||2017-12-01|