Index Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
S&P Composite 1500 Industrial Conglomerates (Sub Ind) (CME:SP1500-20105010)
Countertrend Down (-85) - SP1500-20105010 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP1500-20105010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20105010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-20105010
The long-term trend has been DOWN since Sep 17th, 2021 at 388.61
The intermediate-term trend has been DOWN since Nov 19th, 2021 at 388.94
The short-term trend has been UP since Dec 6th, 2021 at 372.85
Smart Scan Analysis for SP1500-20105010
Based on our trend formula, SP1500-20105010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||401.25||52wk High Date||2018-01-12|
|52wk Low||282.31||52wk Low Date||2018-11-26|