Index Trend Analysis Report
Prepared for you on Friday, September 24, 2021.
S&P Composite 1500 Oil, Gas & Consumable Fuels (Industry) (CME:SP1500-101020)
Crossroads (+60) - SP1500-101020 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 SP1500-101020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-101020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-101020
The long-term trend has been DOWN since Aug 18th, 2021 at 398.42
The intermediate-term trend has been UP since Sep 23rd, 2021 at 428.22
The short-term trend has been UP since Sep 22nd, 2021 at 427.64
Smart Scan Analysis for SP1500-101020
Based on our trend formula, SP1500-101020 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||639.18||52wk High Date||2018-10-09|
|52wk Low||506.2||52wk Low Date||2018-02-09|