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Index Trend Analysis Report
Prepared for you on Saturday, December 21, 2024.
S&P 500 Capped 35/20 Energy Index TR (CME:SPSVET)
Crossroads (-60) - SPSVET 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 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 Oct 4th, 2024 at 695.38
The intermediate-term trend has been DOWN since Dec 4th, 2024 at 689.34
The short-term trend has been DOWN since Nov 26th, 2024 at 704.35
Smart Scan Analysis for SPSVET
Based on our trend formula, SPSVET is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 617.91 | 624.95 | 616.18 | 623.35 | +5.44 |
| Prev. Close | Volume | Bid | Ask | Time |
| 623.35 | 0 | 2024-12-20 16:19:22 |