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Index Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

S&P HAREL ENERGY INDEX (CME:SPHLENIP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
1613.37 1618.20 1595.40 1599.59 -13.78
Entry Signal

MarketClub’s Trade Triangles for SPHLENIP

long term up The long term trend has been UP since Aug 23rd, 2018 at 1551.73

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2018 at 1590.92

short term up The short term trend has been UP since Oct 16th, 2018 at 1601.72

Smart Scan Analysis for SPHLENIP

Based on a pre-defined weighted trend formula for chart analysis, SPHLENIP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SPHLENIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1613.37 1618.20 1595.40 1599.59 -13.78
Prev. Close Volume Bid Ask Time
1613.37 0 2018-10-17 10:25:00
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.