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Index Trend Analysis Report

Prepared for you on Friday, January 21, 2022.

S&P Composite 1500 Financials (Sector) (CME:SP1500-40)

Sidelines Mode (+55) - SP1500-40 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

Open High Low SP1500-40 Price Change
709.48 719.31 701.56 702.62 -5.38
Entry Signal

MarketClub’s Trade Triangles for SP1500-40

long term up The long-term trend has been UP since Nov 9th, 2020 at 465.86

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2021 at 712.44

short term down The short-term trend has been DOWN since Jan 14th, 2022 at 735.44

Smart Scan Analysis for SP1500-40

Based on our trend formula, SP1500-40 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SP1500-40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
709.48 719.31 701.56 702.62 -5.38
Prev. Close Volume Bid Ask Time
702.62 460045338 2022-01-20 16:19:47
52wk High551.5852wk High Date2018-01-29
52wk Low456.1452wk Low Date2018-10-26
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