Index Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
S&P Composite 1500 - Diversified Support Services (Sub Ind) (CME:SP1500-20201070)
Countertrend Up (+85) - SP1500-20201070 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-20201070?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-20201070.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-20201070
The long-term trend has been UP since Jul 23rd, 2020 at 471.11
The intermediate-term trend has been UP since Sep 28th, 2020 at 527.01
The short-term trend has been DOWN since Oct 19th, 2020 at 558.86
Smart Scan Analysis for SP1500-20201070
Based on our trend formula, SP1500-20201070 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||402.04||52wk High Date||2018-09-10|
|52wk Low||293.12||52wk Low Date||2018-02-09|