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Index Trend Analysis Report

Prepared for you on Saturday, April 4, 2020.

S&P Composite 1500 Banks (Industry) (CME:SP1500-401010)

Long-Term Downtrend (-90) - SP1500-401010 is in a strong downtrend that is likely to continue. While SP1500-401010 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 SP1500-401010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-401010.

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

CME_SP1500-401010
Open High Low SP1500-401010 Price Change
305.93 308.76 291.46 295.34 -12.34
Entry Signal

MarketClub’s Trade Triangles for SP1500-401010

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 503.36

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 508.88

short term down The short-term trend has been DOWN since Mar 31st, 2020 at 321.38

Smart Scan Analysis for SP1500-401010

Based on our trend formula, SP1500-401010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-401010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
305.93 308.76 291.46 295.34 -12.34
Prev. Close Volume Bid Ask Time
333.26 299032544 2020-04-03 17:10:00
52wk High545.4752wk High Date2018-01-29
52wk Low441.6852wk Low Date2018-10-24
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