Index Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
S&P Composite 1500 Coal & Consumable Fuels (Sub Ind) (CME:SP1500-10102050)
Bear Market Rally (-75) - SP1500-10102050 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SP1500-10102050 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SP1500-10102050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-10102050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-10102050
The long-term trend has been DOWN since Aug 6th, 2020 at 3.00
The intermediate-term trend has been UP since Oct 23rd, 2020 at 2.88
The short-term trend has been DOWN since Oct 28th, 2020 at 2.67
Smart Scan Analysis for SP1500-10102050
Based on our trend formula, SP1500-10102050 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||34.47||52wk High Date||2018-06-04|
|52wk Low||18.65||52wk Low Date||2017-12-05|