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Index Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

S&P/CSE Energy Industry Group Index (CME:SPCSEEIP)

Long-Term Uptrend (+90) - SPCSEEIP is in a strong uptrend that is likely to continue. While SPCSEEIP 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 SPCSEEIP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPCSEEIP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPCSEEIP
Open High Low SPCSEEIP Price Change
2497.87 2527.85 2482.53 2513.70 +22.14
Entry Signal

MarketClub’s Trade Triangles for SPCSEEIP

long term up The long-term trend has been UP since Dec 16th, 2024 at 2457.52

intermediate term up The intermediate-term trend has been UP since Dec 5th, 2024 at 2326.26

short term up The short-term trend has been UP since Jan 2nd, 2025 at 2526.16

Smart Scan Analysis for SPCSEEIP

Based on our trend formula, SPCSEEIP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPCSEEIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2497.87 2527.85 2482.53 2513.70 +22.14
Prev. Close Volume Bid Ask Time
2491.56 0 2025-01-02 04:29:08
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