Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Wednesday, March 22, 2023.

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

Countertrend Down (-85) - SP1500-1010 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SP1500-1010?

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
612.34 615.30 598.77 598.81 -13.39
Entry Signal

MarketClub’s Trade Triangles for SP1500-1010

long term down The long-term trend has been DOWN since Mar 10th, 2023 at 625.07

intermediate term down The intermediate-term trend has been DOWN since Feb 2nd, 2023 at 658.84

short term up The short-term trend has been UP since Mar 21st, 2023 at 594.89

Smart Scan Analysis for SP1500-1010

Based on our trend formula, SP1500-1010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP1500-1010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
612.34 615.30 598.77 598.81 -13.39
Prev. Close Volume Bid Ask Time
612.20 252937692 2023-03-22 17:05:35
52wk High603.452wk High Date2018-05-22
52wk Low477.6552wk Low Date2018-11-23
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