Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P Composite 1500 Home Improvement Retail (Sub Ind) (CME:SP1500-25504030)
Long-Term Downtrend (-90) - SP1500-25504030 is in a strong downtrend that is likely to continue. While SP1500-25504030 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP1500-25504030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-25504030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-25504030
The long-term trend has been DOWN since Feb 28th, 2020 at 2006.85
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 2141.92
The short-term trend has been DOWN since Apr 1st, 2020 at 1686.50
Smart Scan Analysis for SP1500-25504030
Based on our trend formula, SP1500-25504030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2035.49||52wk High Date||2018-09-12|
|52wk Low||1564.85||52wk Low Date||2018-11-20|