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Index Trend Analysis Report

Prepared for you on Friday, August 12, 2022.

S&P 500 Capped 35/20 Energy Index TR (CME:SPSVET)

Bull Market Weakness (+75) - SPSVET is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPSVET as it may be in the beginning stages of a reversal.

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.

CME_SPSVET
Open High Low SPSVET Price Change
530.88 535.37 525.14 535.20 +4.51
Entry Signal

MarketClub’s Trade Triangles for SPSVET

long term down The long-term trend has been DOWN since Jul 5th, 2022 at 472.82

intermediate term up The intermediate-term trend has been UP since Jul 25th, 2022 at 499.24

short term up The short-term trend has been UP since Aug 9th, 2022 at 506.06

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).

+70
Smart Scan Analysis for SPSVET
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
530.88 535.37 525.14 535.20 +4.51
Prev. Close Volume Bid Ask Time
530.69 0 2022-08-12 16:18:22
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