Index Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
S&P Composite 1500 - Alternative Carriers (Sub Ind) (CME:SP1500-50101010)
Sidelines Mode (-55) - SP1500-50101010 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 SP1500-50101010?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-50101010.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-50101010
The long-term trend has been DOWN since Dec 1st, 2021 at 146.09
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 133.18
The short-term trend has been UP since Jun 21st, 2022 at 131.28
Smart Scan Analysis for SP1500-50101010
Based on our trend formula, SP1500-50101010 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||214.58||52wk High Date||2018-08-21|
|52wk Low||129.12||52wk Low Date||2017-12-06|