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Index Trend Analysis Report

Prepared for you on Tuesday, January 31, 2023.

S&P 500 Capped 35/20 Utilities Index (CME:SPSVULP)

Countertrend Down (-85) - SPSVULP is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SPSVULP?

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

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

CME_SPSVULP
Open High Low SPSVULP Price Change
251.84 254.33 251.25 251.49 -1.14
Entry Signal

MarketClub’s Trade Triangles for SPSVULP

long term down The long-term trend has been DOWN since Oct 6th, 2022 at 239.47

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2023 at 254.49

short term up The short-term trend has been UP since Jan 30th, 2023 at 253.67

Smart Scan Analysis for SPSVULP

Based on our trend formula, SPSVULP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPSVULP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
251.84 254.33 251.25 251.49 -1.14
Prev. Close Volume Bid Ask Time
252.71 0 2023-01-30 17:06:50
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