Index Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
S&P 500 Capped 35/20 Energy Index TR (CME:SPSVET)
Weak Downtrend (-65) - SPSVET is showing signs of a strengthening downtrend. Monitor SPSVET as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPSVET?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPSVET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPSVET
The long-term trend has been UP since Mar 1st, 2024 at 626.98
The intermediate-term trend has been DOWN since May 1st, 2024 at 680.86
The short-term trend has been DOWN since Apr 26th, 2024 at 690.11
Smart Scan Analysis for SPSVET
Based on our trend formula, SPSVET is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
681.76 | 682.59 | 667.13 | 670.87 | -10.89 |
Prev. Close | Volume | Bid | Ask | Time |
681.76 | 0 | 2024-05-01 17:12:39 |