Index Trend Analysis Report
Prepared for you on Sunday, July 5, 2020.
S&P Composite 1500 Multi line Insurance (Sub Ind) (CME:SP1500-40301030)
Countertrend Down (-85) - SP1500-40301030 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP1500-40301030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40301030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-40301030
The long-term trend has been DOWN since Feb 18th, 2020 at 140.38
The intermediate-term trend has been DOWN since Jun 24th, 2020 at 88.62
The short-term trend has been UP since Jun 30th, 2020 at 91.31
Smart Scan Analysis for SP1500-40301030
Based on our trend formula, SP1500-40301030 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||156||52wk High Date||2018-01-29|
|52wk Low||111.11||52wk Low Date||2018-10-30|