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Index Trend Analysis Report

Prepared for you on Wednesday, July 28, 2021.

S&P / Harel Energy Index (CME:SPHLENIP)

Bear Market Rally (-75) - SPHLENIP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPHLENIP as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid SPHLENIP?

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

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

CME_SPHLENIP
Open High Low SPHLENIP Price Change
1228.38 1230.95 1221.56 1228.59 +3.68
Entry Signal

MarketClub’s Trade Triangles for SPHLENIP

long term down The long-term trend has been DOWN since Jul 15th, 2021 at 1233.51

intermediate term down The intermediate-term trend has been DOWN since Jun 8th, 2021 at 1273.55

short term up The short-term trend has been UP since Jul 22nd, 2021 at 1227.12

Smart Scan Analysis for SPHLENIP

Based on our trend formula, SPHLENIP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SPHLENIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1228.38 1230.95 1221.56 1228.59 +3.68
Prev. Close Volume Bid Ask Time
1224.91 0 2021-07-28 05:45:30
52wk High1661.1852wk High Date2018-09-25
52wk Low1426.5352wk Low Date2018-06-28
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