Index Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
S&P Composite 1500 - Electronic Equipment & Instruments (Sub Ind) (CME:SP1500-45203010)
Sidelines Mode (+55) - SP1500-45203010 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SP1500-45203010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-45203010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-45203010
The long-term trend has been DOWN since Feb 24th, 2020 at 662.45
The intermediate-term trend has been UP since Apr 6th, 2020 at 535.44
The short-term trend has been DOWN since May 29th, 2020 at 666.90
Smart Scan Analysis for SP1500-45203010
Based on our trend formula, SP1500-45203010 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||628.7||52wk High Date||2018-09-21|
|52wk Low||496.18||52wk Low Date||2018-02-09|