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Index Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

S&P 500 Capped 35/20 Utilities & Telecommunication Index NTR (CME:SPSVUTN)

Sidelines Mode (+55) - SPSVUTN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPSVUTN
Open High Low SPSVUTN Price Change
174.20 174.20 172.69 173.84 -0.33
Entry Signal

MarketClub’s Trade Triangles for SPSVUTN

long term up The long-term trend has been UP since Dec 1st, 2023 at 155.60

intermediate term down The intermediate-term trend has been DOWN since Jun 13th, 2024 at 173.19

short term up The short-term trend has been UP since Jun 12th, 2024 at 176.91

Smart Scan Analysis for SPSVUTN

Based on our trend formula, SPSVUTN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPSVUTN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
174.20 174.20 172.69 173.84 -0.33
Prev. Close Volume Bid Ask Time
173.84 0 2024-06-14 16:19:52
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