Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
S&P Composite 1500 Real Estate (Industry Group) (CME:SP1500-6010)
Weak Downtrend (-65) - SP1500-6010 is showing signs of a strengthening downtrend. Monitor SP1500-6010 as it may be building momentum to the downside.
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 22nd, 2022 at 257.65
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 275.93
The short-term trend has been UP since Jul 6th, 2022 at 236.62
Smart Scan Analysis for SP1500-6010
Based on our trend formula, SP1500-6010 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).