Index Trend Analysis Report
Prepared for you on Monday, August 2, 2021.
S&P Composite 1500 -Real Estate Management & Development (Industry) (CME:SP1500-601020)
Long-Term Uptrend (+90) - SP1500-601020 is in a strong uptrend that is likely to continue. While SP1500-601020 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SP1500-601020?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP1500-601020.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP1500-601020
The long-term trend has been UP since Oct 8th, 2020 at 132.37
The intermediate-term trend has been UP since Jul 23rd, 2021 at 228.36
The short-term trend has been UP since Jul 20th, 2021 at 219.63
Smart Scan Analysis for SP1500-601020
Based on our trend formula, SP1500-601020 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).