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Index Trend Analysis Report

Prepared for you on Wednesday, December 11, 2024.

S&P MidCap 400 Capped Energy (sector) Index (CME:SPMU4EP)

Crossroads (-60) - SPMU4EP 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 SPMU4EP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPMU4EP.

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

CME_SPMU4EP
Open High Low SPMU4EP Price Change
359.73 367.37 359.73 367.17 +7.44
Entry Signal

MarketClub’s Trade Triangles for SPMU4EP

long term up The long-term trend has been UP since Nov 6th, 2024 at 359.95

intermediate term down The intermediate-term trend has been DOWN since Dec 6th, 2024 at 360.65

short term down The short-term trend has been DOWN since Nov 27th, 2024 at 380.87

Smart Scan Analysis for SPMU4EP

Based on our trend formula, SPMU4EP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPMU4EP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
359.73 367.37 359.73 367.17 +7.44
Prev. Close Volume Bid Ask Time
359.73 0 2024-12-11 13:18:45
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