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Index Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

S&P Composite 1500 Financials (Sector) (CME:SP1500-40)

Countertrend Up (+85) - SP1500-40 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 SP1500-40?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low SP1500-40 Price Change
733.23 737.46 727.78 737.15 -6.33
Entry Signal

MarketClub’s Trade Triangles for SP1500-40

long term up The long-term trend has been UP since Nov 9th, 2020 at 465.86

intermediate term up The intermediate-term trend has been UP since Dec 30th, 2021 at 712.44

short term down The short-term trend has been DOWN since Jan 14th, 2022 at 735.44

Smart Scan Analysis for SP1500-40

Based on our trend formula, SP1500-40 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SP1500-40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
733.23 737.46 727.78 737.15 -6.33
Prev. Close Volume Bid Ask Time
737.15 506740297 2022-01-14 16:19:57
52wk High551.5852wk High Date2018-01-29
52wk Low456.1452wk Low Date2018-10-26
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