Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
S&P Composite 1500 Real Estate (Sector) (CME:SP1500-60)
Bull Market Weakness (+75) - SP1500-60 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SP1500-60 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SP1500-60?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-60.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-60
The long-term trend has been UP since Nov 9th, 2020 at 210.66
The intermediate-term trend has been UP since Jan 20th, 2021 at 213.32
The short-term trend has been DOWN since Feb 26th, 2021 at 220.75
Smart Scan Analysis for SP1500-60
Based on our trend formula, SP1500-60 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).