Index Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
S&P 500 2x Inverse Daily Index (CME:SP500TR2XI)
Long-Term Downtrend (-90) - SP500TR2XI is in a strong downtrend that is likely to continue. While SP500TR2XI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500TR2XI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500TR2XI.
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 SP500TR2XI
The long-term trend has been DOWN since Dec 1st, 2023 at 4.3030
The intermediate-term trend has been DOWN since Nov 10th, 2023 at 4.6541
The short-term trend has been DOWN since Mar 28th, 2024 at 3.3929
Smart Scan Analysis for SP500TR2XI
Based on our trend formula, SP500TR2XI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
3.3949 | 3.3982 | 3.3736 | 3.3871 | -0.0063 |
Prev. Close | Volume | Bid | Ask | Time |
3.3872 | 0 | 2024-03-28 16:19:35 |
52wk High | 26.65 | 52wk High Date | 2018-02-09 |
52wk Low | 19.36 | 52wk Low Date | 2018-09-21 |