Index Trend Analysis Report
Prepared for you on Tuesday, October 3, 2023.
S&P Composite 1500 Software & Services (Industry Group) (CME:SP1500-4510)
Bear Market Rally (-75) - SP1500-4510 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP1500-4510 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP1500-4510?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4510.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-4510
The long-term trend has been DOWN since Sep 27th, 2023 at 3905.61
The intermediate-term trend has been DOWN since Sep 20th, 2023 at 4058.52
The short-term trend has been UP since Sep 29th, 2023 at 3971.39
Smart Scan Analysis for SP1500-4510
Based on our trend formula, SP1500-4510 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2149.08||52wk High Date||2018-07-25|
|52wk Low||1680.95||52wk Low Date||2017-12-05|