Index Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
S&P Composite 1500 Multiline Retail (Industry) (CME:SP1500-255030)
Countertrend Up (+85) - SP1500-255030 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-255030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-255030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-255030
The long-term trend has been UP since Nov 14th, 2023 at 1758.73
The intermediate-term trend has been UP since Nov 1st, 2023 at 1622.76
The short-term trend has been DOWN since Nov 30th, 2023 at 1755.04
Smart Scan Analysis for SP1500-255030
Based on our trend formula, SP1500-255030 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||910.19||52wk High Date||2018-11-08|
|52wk Low||681.87||52wk Low Date||2017-12-01|