Index Trend Analysis Report
Prepared for you on Wednesday, December 7, 2022.
S&P Composite 1500 - Commercial Services & Supplies (Industry) (CME:SP1500-202010)
Bull Market Weakness (+75) - SP1500-202010 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-202010 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-202010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-202010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-202010
The long-term trend has been UP since Dec 1st, 2022 at 684.99
The intermediate-term trend has been UP since Oct 26th, 2022 at 641.17
The short-term trend has been DOWN since Dec 6th, 2022 at 678.47
Smart Scan Analysis for SP1500-202010
Based on our trend formula, SP1500-202010 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||451.61||52wk High Date||2018-09-18|
|52wk Low||369.44||52wk Low Date||2018-02-09|