Index Trend Analysis Report
Prepared for you on Friday, July 30, 2021.
S&P Composite 1500 Hotel & Resort REITs (Sub Ind) (CME:SP1500-60101030)
Countertrend Down (-85) - SP1500-60101030 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SP1500-60101030?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-60101030.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-60101030
The long-term trend has been DOWN since Jul 7th, 2021 at 71.47
The intermediate-term trend has been DOWN since Jun 28th, 2021 at 75.51
The short-term trend has been UP since Jul 29th, 2021 at 70.79
Smart Scan Analysis for SP1500-60101030
Based on our trend formula, SP1500-60101030 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).