Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
S&P Composite 1500 Food Retail (Sub Ind) (CME:SP1500-30101030)
Sidelines Mode (-55) - SP1500-30101030 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-30101030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-30101030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-30101030
The long-term trend has been DOWN since Mar 26th, 2020 at 280.09
The intermediate-term trend has been DOWN since Mar 25th, 2020 at 284.73
The short-term trend has been UP since Mar 30th, 2020 at 300.92
Smart Scan Analysis for SP1500-30101030
Based on our trend formula, SP1500-30101030 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||323.94||52wk High Date||2018-09-07|
|52wk Low||237.44||52wk Low Date||2018-03-08|