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Index Trend Analysis Report

Prepared for you on Saturday, July 31, 2021.

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

Sidelines Mode (-55) - SPHLENIT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1748.64 1768.23 1738.94 1767.51 +24.05
Entry Signal

MarketClub’s Trade Triangles for SPHLENIT

long term down The long-term trend has been DOWN since Jul 19th, 2021 at 1728.25

intermediate term down The intermediate-term trend has been DOWN since Jun 8th, 2021 at 1791.59

short term up The short-term trend has been UP since Jul 22nd, 2021 at 1730.73

Smart Scan Analysis for SPHLENIT

Based on our trend formula, SPHLENIT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPHLENIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1748.64 1768.23 1738.94 1767.51 +24.05
Prev. Close Volume Bid Ask Time
1767.51 0 2021-07-29 12:54:10
52wk High2099.4852wk High Date2018-11-29
52wk Low1770.5452wk Low Date2018-06-28
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