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Index Trend Analysis Report

Prepared for you on Thursday, September 24, 2020.

S&P Composite 1500 Banks (Industry) (CME:SP1500-401010)

Strong Downtrend (-100) - SP1500-401010 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP1500-401010?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-401010.

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

CME_SP1500-401010
Open High Low SP1500-401010 Price Change
337.52 340.98 327.27 327.31 -8.11
Entry Signal

MarketClub’s Trade Triangles for SP1500-401010

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 503.36

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2020 at 352.88

short term down The short-term trend has been DOWN since Sep 16th, 2020 at 354.61

Smart Scan Analysis for SP1500-401010

Based on our trend formula, SP1500-401010 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP1500-401010
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
337.52 340.98 327.27 327.31 -8.11
Prev. Close Volume Bid Ask Time
355.53 261462302 2020-09-23 16:17:57
52wk High545.4752wk High Date2018-01-29
52wk Low441.6852wk Low Date2018-10-24
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