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Index Trend Analysis Report

Prepared for you on Sunday, February 23, 2020.

S&P Composite 1500 Telecommunication Services (Sector) (CME:SP1500-50)

Countertrend Up (+85) - SP1500-50 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-50?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-50.

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

CME_SP1500-50
Open High Low SP1500-50 Price Change
190.19 190.48 187.77 188.34 -2.68
Entry Signal

MarketClub’s Trade Triangles for SP1500-50

long term up The long-term trend has been UP since Jul 26th, 2019 at 171.96

intermediate term up The intermediate-term trend has been UP since Oct 15th, 2019 at 170.30

short term down The short-term trend has been DOWN since Feb 20th, 2020 at 189.95

Smart Scan Analysis for SP1500-50

Based on our trend formula, SP1500-50 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SP1500-50
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
190.19 190.48 187.77 188.34 -2.68
Prev. Close Volume Bid Ask Time
185.74 224598819 2020-02-21 16:19:27
52wk High168.6652wk High Date2018-02-01
52wk Low140.0652wk Low Date2018-05-09
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