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Index Trend Analysis Report

Prepared for you on Tuesday, May 22, 2018.

S&P 500 2X INVERSE INDEX TOTAL RETURN (CME:SP500TR2XI)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SP500TR2XI
Open High Low SP500TR2XI Price Change
22.44 22.62 22.29 22.58 +0.14
Entry Signal

MarketClub’s Trade Triangles for SP500TR2XI

long term up The long term trend has been UP since Feb 9th, 2018 at 26.54

intermediate term down The intermediate term trend has been DOWN since May 10th, 2018 at 22.75

short term down The short term trend has been DOWN since May 4th, 2018 at 23.73

Smart Scan Analysis for SP500TR2XI

Based on a pre-defined weighted trend formula for chart analysis, SP500TR2XI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SP500TR2XI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.44 22.62 22.29 22.58 +0.14
Prev. Close Volume Bid Ask Time
22.44 0 2018-05-22 15:59:55
52wk High30.8652wk High Date2017-05-22
52wk Low20.9952wk Low Date2018-01-26
Want to analyze S&P 500 2X INVERSE INDEX TOTAL RETURN SP500TR2XI or another symbol? Try our Free Index Trend Analysis Report.