Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
S&P Composite 1500 Copper (Sub Ind) (CME:SP1500-15104025)
Weak Downtrend (-65) - SP1500-15104025 is showing signs of a strengthening downtrend. Monitor SP1500-15104025 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SP1500-15104025?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-15104025.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-15104025
The long-term trend has been UP since Jun 5th, 2020 at 108.35
The intermediate-term trend has been DOWN since Mar 25th, 2021 at 317.15
The short-term trend has been DOWN since Apr 8th, 2021 at 340.95
Smart Scan Analysis for SP1500-15104025
Based on our trend formula, SP1500-15104025 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).