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Index Trend Analysis Report

Prepared for you on Wednesday, January 19, 2022.

S&P Composite 1500 Food Beverage & Tobacco (Industry Group) (CME:SP1500-3020)

Long-Term Uptrend (+90) - SP1500-3020 is in a strong uptrend that is likely to continue. While SP1500-3020 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 SP1500-3020?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-3020.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SP1500-3020
Open High Low SP1500-3020 Price Change
892.92 897.18 890.26 894.69 +1.77
Entry Signal

MarketClub’s Trade Triangles for SP1500-3020

long term up The long-term trend has been UP since Dec 13th, 2021 at 843.61

intermediate term up The intermediate-term trend has been UP since Dec 13th, 2021 at 832.43

short term up The short-term trend has been UP since Jan 13th, 2022 at 894.22

Smart Scan Analysis for SP1500-3020

Based on our trend formula, SP1500-3020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP1500-3020
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
892.92 897.18 890.26 894.69 +1.77
Prev. Close Volume Bid Ask Time
892.92 65524031 2022-01-19 15:44:12
52wk High785.152wk High Date2018-01-29
52wk Low64452wk Low Date2018-05-15
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