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Index Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

S&P HAREL ENERGY INDEX (CME:SPHLENIP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPHLENIP
Open High Low SPHLENIP Price Change
1589.70 1606.01 1588.82 1596.94 +7.24
Entry Signal

MarketClub’s Trade Triangles for SPHLENIP

long term down The long term trend has been DOWN since Dec 17th, 2018 at 1550.24

intermediate term up The intermediate term trend has been UP since Jan 16th, 2019 at 1587.35

short term up The short term trend has been UP since Jan 8th, 2019 at 1555.93

Smart Scan Analysis for SPHLENIP

Based on a pre-defined weighted trend formula for chart analysis, SPHLENIP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for SPHLENIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1589.70 1606.01 1588.82 1596.94 +7.24
Prev. Close Volume Bid Ask Time
1546.74 0 2019-01-17 13:13:08
52wk High1661.1852wk High Date2018-09-25
52wk Low1426.5352wk Low Date2018-06-28
Want to analyze S&P HAREL ENERGY INDEX SPHLENIP or another symbol? Try our Free Index Trend Analysis Report.