Index Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
S&P Composite 1500 Food Products (Industry) (CME:SP1500-302020)
Long-Term Downtrend (-90) - SP1500-302020 is in a strong downtrend that is likely to continue. While SP1500-302020 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 SP1500-302020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-302020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-302020
The long-term trend has been DOWN since Aug 4th, 2021 at 713.85
The intermediate-term trend has been DOWN since Sep 7th, 2021 at 703.19
The short-term trend has been DOWN since Sep 20th, 2021 at 700.50
Smart Scan Analysis for SP1500-302020
Based on our trend formula, SP1500-302020 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||658.86||52wk High Date||2018-01-29|
|52wk Low||549.82||52wk Low Date||2018-05-03|