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Index Trend Analysis Report

Prepared for you on Sunday, September 27, 2020.

S&P Composite 1500 Regional Banks (Sub Ind) (CME:SP1500-40101015)

Long-Term Downtrend (-90) - SP1500-40101015 is in a strong downtrend that is likely to continue. While SP1500-40101015 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 SP1500-40101015?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40101015.

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

CME_SP1500-40101015
Open High Low SP1500-40101015 Price Change
77.54 79.68 77.31 79.47 +1.25
Entry Signal

MarketClub’s Trade Triangles for SP1500-40101015

long term down The long-term trend has been DOWN since Feb 25th, 2020 at 118.07

intermediate term down The intermediate-term trend has been DOWN since Sep 11th, 2020 at 83.84

short term down The short-term trend has been DOWN since Sep 17th, 2020 at 85.23

Smart Scan Analysis for SP1500-40101015

Based on our trend formula, SP1500-40101015 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-40101015
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.54 79.68 77.31 79.47 +1.25
Prev. Close Volume Bid Ask Time
85.84 81644461 2020-09-25 16:19:57
52wk High140.8152wk High Date2018-03-12
52wk Low109.3452wk Low Date2018-10-24
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