Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, February 17, 2020.

S&P Composite 1500 Energy (Industry Group) (CME:SP1500-1010)

Long-Term Downtrend (-90) - SP1500-1010 is in a strong downtrend that is likely to continue. While SP1500-1010 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-1010.

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

CME_SP1500-1010
Open High Low SP1500-1010 Price Change
408.55 408.84 402.67 405.04 -3.20
Entry Signal

MarketClub’s Trade Triangles for SP1500-1010

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 408.08

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2020 at 445.79

short term down The short-term trend has been DOWN since Feb 14th, 2020 at 403.02

Smart Scan Analysis for SP1500-1010

Based on our trend formula, SP1500-1010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-1010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
408.55 408.84 402.67 405.04 -3.20
Prev. Close Volume Bid Ask Time
451.70 422572693 2020-02-14 17:06:23
52wk High603.452wk High Date2018-05-22
52wk Low477.6552wk Low Date2018-11-23
Get a free daily analysis and signals for S&P Composite 1500 Energy (Industry Group) (SP1500-1010) - Request Your Free Report.