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Index Trend Analysis Report

Prepared for you on Monday, March 30, 2020.

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

Countertrend Down (-85) - SPHLENIT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

CME_SPHLENIT
Open High Low SPHLENIT Price Change
1194.70 1214.40 1179.86 1201.39 -14.48
Entry Signal

MarketClub’s Trade Triangles for SPHLENIT

long term down The long-term trend has been DOWN since Jan 30th, 2020 at 2051.47

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2020 at 2163.41

short term up The short-term trend has been UP since Mar 25th, 2020 at 1248.07

Smart Scan Analysis for SPHLENIT

Based on our trend formula, SPHLENIT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPHLENIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1194.70 1214.40 1179.86 1201.39 -14.48
Prev. Close Volume Bid Ask Time
1725.19 0 2020-03-30 06:30:01
52wk High2099.4852wk High Date2018-11-29
52wk Low1770.5452wk Low Date2018-06-28
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