Index Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
S&P Composite 1500 Real Estate (Sector) (CME:SP1500-60)
Strong Downtrend (-100) - SP1500-60 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP1500-60 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP1500-60?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-60.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-60
The long-term trend has been DOWN since Mar 10th, 2023 at 206.27
The intermediate-term trend has been DOWN since Feb 21st, 2023 at 224.37
The short-term trend has been DOWN since Mar 9th, 2023 at 214.48
Smart Scan Analysis for SP1500-60
Based on our trend formula, SP1500-60 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).