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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

S&P / Harel Energy Index TR (CME:SPHLENIT)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_SPHLENIT
Open High Low SPHLENIT Price Change
2092.28 2099.10 2087.42 2093.47 +0.72
Entry Signal

MarketClub’s Trade Triangles for SPHLENIT

long term down The long term trend has been DOWN since Sep 11th, 2019 at 2039.16

intermediate term down The intermediate term trend has been DOWN since Nov 12th, 2019 at 2107.18

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 2117.27

Smart Scan Analysis for SPHLENIT

Based on a pre-defined weighted trend formula for chart analysis, SPHLENIT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SPHLENIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2092.28 2099.10 2087.42 2093.47 +0.72
Prev. Close Volume Bid Ask Time
2093.47 0 2019-12-05 13:02:23
52wk High2099.4852wk High Date2018-11-29
52wk Low1770.5452wk Low Date2018-06-28
Want to analyze S&P / Harel Energy Index TR SPHLENIT or another symbol? Try our Free Index Trend Analysis Report.