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Index Trend Analysis Report

Prepared for you on Tuesday, September 27, 2022.

S&P Composite 1500 Oil & Gas Drilling (Sub Ind) (CME:SP1500-10101010)

Long-Term Downtrend (-90) - SP1500-10101010 is in a strong downtrend that is likely to continue. While SP1500-10101010 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 SP1500-10101010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10101010.

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

CME_SP1500-10101010
Open High Low SP1500-10101010 Price Change
82.61 88.05 82.30 84.30 +1.45
Entry Signal

MarketClub’s Trade Triangles for SP1500-10101010

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 96.39

intermediate term down The intermediate-term trend has been DOWN since Sep 19th, 2022 at 100.20

short term down The short-term trend has been DOWN since Sep 16th, 2022 at 106.73

Smart Scan Analysis for SP1500-10101010

Based on our trend formula, SP1500-10101010 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SP1500-10101010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.61 88.05 82.30 84.30 +1.45
Prev. Close Volume Bid Ask Time
84.30 6809730 2022-09-26 17:56:46
52wk High326.4652wk High Date2018-05-17
52wk Low221.2652wk Low Date2018-11-28
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