Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Thursday, June 4, 2020.

S&P Composite 1500 Utilities (Industry Group) (CME:SP1500-5510)

Bull Market Weakness (+75) - SP1500-5510 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-5510 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SP1500-5510?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-5510.

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

CME_SP1500-5510
Open High Low SP1500-5510 Price Change
351.27 356.45 351.27 354.09 +4.73
Entry Signal

MarketClub’s Trade Triangles for SP1500-5510

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 332.60

short term up The short-term trend has been UP since May 26th, 2020 at 328.93

Smart Scan Analysis for SP1500-5510

Based on our trend formula, SP1500-5510 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SP1500-5510
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
351.27 356.45 351.27 354.09 +4.73
Prev. Close Volume Bid Ask Time
335.19 82065972 2020-06-03 16:19:42
52wk High330.8752wk High Date2017-12-01
52wk Low277.1752wk Low Date2018-02-06
Get a free daily analysis and signals for S&P Composite 1500 Utilities (Industry Group) (SP1500-5510) - Request Your Free Report.