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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

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

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

Open High Low SPHLENIP Price Change
1560.32 1565.41 1556.70 1561.21 +0.53
Entry Signal

MarketClub’s Trade Triangles for SPHLENIP

long term up The long term trend has been UP since Nov 4th, 2019 at 1621.61

intermediate term down The intermediate term trend has been DOWN since Nov 12th, 2019 at 1574.92

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 1578.96

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).

Smart Scan Analysis for SPHLENIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1560.32 1565.41 1556.70 1561.21 +0.53
Prev. Close Volume Bid Ask Time
1561.21 0 2019-12-05 13:02:23
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.