Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P Composite 1500 Consumer Staples (Sector) (CME:SP1500-30)
Crossroads (+60) - SP1500-30 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-30?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-30.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-30
The long-term trend has been DOWN since Feb 27th, 2020 at 651.89
The intermediate-term trend has been UP since May 27th, 2020 at 630.99
The short-term trend has been UP since May 26th, 2020 at 623.78
Smart Scan Analysis for SP1500-30
Based on our trend formula, SP1500-30 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||640.32||52wk High Date||2018-01-29|
|52wk Low||530.01||52wk Low Date||2018-05-03|