Index Trend Analysis Report
Prepared for you on Tuesday, January 18, 2022.
S&P Composite 1500 Software (Industry) (CME:SP1500-451030)
Crossroads (-60) - SP1500-451030 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-451030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-451030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-451030
The long-term trend has been UP since Jun 3rd, 2020 at 3399.26
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 5885.71
The short-term trend has been DOWN since Jan 14th, 2022 at 5278.66
Smart Scan Analysis for SP1500-451030
Based on our trend formula, SP1500-451030 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2325.43||52wk High Date||2018-10-01|
|52wk Low||1656.77||52wk Low Date||2017-12-06|