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Index Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

S&P Composite 1500 Construction Machinery & Heavy Trucks (Sub Ind) (CME:SP1500-20106010)

Countertrend Down (-85) - SP1500-20106010 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 SP1500-20106010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20106010.

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

CME_SP1500-20106010
Open High Low SP1500-20106010 Price Change
1185.85 1207.88 1181.18 1196.76 +20.59
Entry Signal

MarketClub’s Trade Triangles for SP1500-20106010

long term down The long-term trend has been DOWN since Jun 17th, 2021 at 1234.89

intermediate term down The intermediate-term trend has been DOWN since Nov 26th, 2021 at 1199.20

short term up The short-term trend has been UP since Dec 3rd, 2021 at 1178.32

Smart Scan Analysis for SP1500-20106010

Based on our trend formula, SP1500-20106010 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SP1500-20106010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1185.85 1207.88 1181.18 1196.76 +20.59
Prev. Close Volume Bid Ask Time
1176.17 10323051 2021-12-06 16:19:57
52wk High1054.6352wk High Date2018-01-25
52wk Low711.4152wk Low Date2018-10-26
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