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Index Trend Analysis Report
Prepared for you on Saturday, April 4, 2020.
S&P Composite 1500 Financials (Sector) (CME:SP1500-40)
Long-Term Downtrend (-90) - SP1500-40 is in a strong downtrend that is likely to continue. While SP1500-40 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 SP1500-40?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP1500-40
The long-term trend has been DOWN since Feb 25th, 2020 at 523.90
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 544.24
The short-term trend has been DOWN since Apr 1st, 2020 at 372.05
Smart Scan Analysis for SP1500-40
Based on our trend formula, SP1500-40 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 359.06 | 363.12 | 348.70 | 353.29 | -9.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 387.29 | 606258895 | 2020-04-03 17:10:00 |
| 52wk High | 551.58 | 52wk High Date | 2018-01-29 |
| 52wk Low | 456.14 | 52wk Low Date | 2018-10-26 |