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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

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

Crossroads (-60) - SPHLENIP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
1779.92 1779.92 1745.20 1756.24 -23.68
Entry Signal

MarketClub’s Trade Triangles for SPHLENIP

long term up The long-term trend has been UP since Oct 1st, 2024 at 1707.26

intermediate term down The intermediate-term trend has been DOWN since Dec 15th, 2024 at 1781.93

short term down The short-term trend has been DOWN since Dec 12th, 2024 at 1795.22

Smart Scan Analysis for SPHLENIP

Based on our trend formula, SPHLENIP is rated as a -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
1779.92 1779.92 1745.20 1756.24 -23.68
Prev. Close Volume Bid Ask Time
1756.24 0 2024-12-19 11:30:00
52wk High1661.1852wk High Date2018-09-25
52wk Low1426.5352wk Low Date2018-06-28
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