Index Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
S&P Composite 1500 Reinsurance (Sub Ind) (CME:SP1500-40301050)
Long-Term Downtrend (-90) - SP1500-40301050 is in a strong downtrend that is likely to continue. While SP1500-40301050 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 SP1500-40301050?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-40301050.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-40301050
The long-term trend has been DOWN since Jun 18th, 2021 at 458.72
The intermediate-term trend has been DOWN since May 11th, 2021 at 492.50
The short-term trend has been DOWN since Jun 3rd, 2021 at 482.84
Smart Scan Analysis for SP1500-40301050
Based on our trend formula, SP1500-40301050 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||506.24||52wk High Date||2018-03-19|
|52wk Low||422.81||52wk Low Date||2018-10-24|