Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P Composite 1500 Insurance (Industry Group) (CME:SP1500-4030)
Long-Term Downtrend (-90) - SP1500-4030 is in a strong downtrend that is likely to continue. While SP1500-4030 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 SP1500-4030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-4030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-4030
The long-term trend has been DOWN since Feb 27th, 2020 at 501.21
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 524.58
The short-term trend has been DOWN since Apr 1st, 2020 at 360.74
Smart Scan Analysis for SP1500-4030
Based on our trend formula, SP1500-4030 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||495.43||52wk High Date||2018-01-29|
|52wk Low||418.21||52wk Low Date||2018-10-26|