Index Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
S&P Composite 1500 Retailing (Industry Group) (CME:SP1500-2550)
Long-Term Downtrend (-90) - SP1500-2550 is in a strong downtrend that is likely to continue. While SP1500-2550 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 SP1500-2550?
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 Mar 4th, 2021 at 3136.97
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 3311.02
The short-term trend has been DOWN since Feb 22nd, 2021 at 3382.87
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).
|52wk High||2283.76||52wk High Date||2018-10-01|
|52wk Low||1556.41||52wk Low Date||2017-12-01|