Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
S&P Composite 1500 Health Care (Sector) (CME:SP1500-35)
Bull Market Weakness (+75) - SP1500-35 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-35 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-35?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-35.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-35
The long-term trend has been DOWN since Feb 28th, 2020 at 1142.80
The intermediate-term trend has been UP since Apr 6th, 2020 at 1096.68
The short-term trend has been UP since May 28th, 2020 at 1245.32
Smart Scan Analysis for SP1500-35
Based on our trend formula, SP1500-35 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1180.24||52wk High Date||2018-10-01|
|52wk Low||963.48||52wk Low Date||2018-04-02|