Index Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
S&P Composite 1500 Real Estate (Sector) (CME:SP1500-60)
Weak Downtrend (-65) - SP1500-60 is showing signs of a strengthening downtrend. Monitor SP1500-60 as it may be building momentum to the downside.
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 DOWN since Feb 28th, 2020 at 220.02
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 231.84
The short-term trend has been UP since Apr 6th, 2020 at 168.94
Smart Scan Analysis for SP1500-60
Based on our trend formula, SP1500-60 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).