Index Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
S&P Composite 1500 Real Estate (Industry Group) (CME:SP1500-6010)
Crossroads (+60) - SP1500-6010 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 SP1500-6010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-6010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-6010
The long-term trend has been DOWN since Feb 28th, 2020 at 220.02
The intermediate-term trend has been UP since May 26th, 2020 at 189.00
The short-term trend has been UP since May 22nd, 2020 at 182.78
Smart Scan Analysis for SP1500-6010
Based on our trend formula, SP1500-6010 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).