Index Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
S&P Composite 1500 Information Technology (Sector) (CME:SP1500-45)
Long-Term Uptrend (+90) - SP1500-45 is in a strong uptrend that is likely to continue. While SP1500-45 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-45?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-45
The long-term trend has been UP since Oct 26th, 2021 at 2838.92
The intermediate-term trend has been UP since Oct 18th, 2021 at 2770.11
The short-term trend has been UP since Nov 29th, 2021 at 3015.17
Smart Scan Analysis for SP1500-45
Based on our trend formula, SP1500-45 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1365.99||52wk High Date||2018-08-30|
|52wk Low||1084.06||52wk Low Date||2018-02-09|