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Index Trend Analysis Report

Prepared for you on Friday, June 5, 2020.

S&P Composite 1500 Utilities (Sector) (CME:SP1500-55)

Crossroads (+60) - SP1500-55 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SP1500-55?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-55.

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

CME_SP1500-55
Open High Low SP1500-55 Price Change
351.01 359.07 350.83 352.45 +5.12
Entry Signal

MarketClub’s Trade Triangles for SP1500-55

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 357.24

intermediate term up The intermediate-term trend has been UP since May 26th, 2020 at 332.62

short term up The short-term trend has been UP since May 26th, 2020 at 328.94

Smart Scan Analysis for SP1500-55

Based on our trend formula, SP1500-55 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SP1500-55
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
351.01 359.07 350.83 352.45 +5.12
Prev. Close Volume Bid Ask Time
335.19 105889642 2020-06-05 17:07:17
52wk High330.8752wk High Date2017-12-01
52wk Low277.1752wk Low Date2018-02-06
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