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Index Trend Analysis Report

Prepared for you on Wednesday, April 14, 2021.

S&P Composite 1500 Steel (Sub Ind) (CME:SP1500-15104050)

Long-Term Uptrend (+90) - SP1500-15104050 is in a strong uptrend that is likely to continue. While SP1500-15104050 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SP1500-15104050?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-15104050.

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

CME_SP1500-15104050
Open High Low SP1500-15104050 Price Change
211.52 218.91 211.52 214.70 +4.55
Entry Signal

MarketClub’s Trade Triangles for SP1500-15104050

long term up The long-term trend has been UP since Jun 5th, 2020 at 123.33

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2021 at 168.51

short term up The short-term trend has been UP since Apr 14th, 2021 at 218.11

Smart Scan Analysis for SP1500-15104050

Based on our trend formula, SP1500-15104050 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SP1500-15104050
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
211.52 218.91 211.52 214.70 +4.55
Prev. Close Volume Bid Ask Time
210.15 47958705 2021-04-14 15:22:12
52wk High202.2552wk High Date2018-02-20
52wk Low147.6352wk Low Date2018-11-28
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