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Index Trend Analysis Report

Prepared for you on Friday, December 15, 2017.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
24.64 24.64 24.12 24.19 -0.45
Entry Signal

MarketClub’s Trade Triangles for SP500TR2XI

long term down The long term trend has been DOWN since Nov 10th, 2016 at 37.61

intermediate term down The intermediate term trend has been DOWN since Sep 11th, 2017 at 28.26

short term down The short term trend has been DOWN since Nov 16th, 2017 at 25.95

Smart Scan Analysis for SP500TR2XI

Based on a pre-defined weighted trend formula for chart analysis, SP500TR2XI scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SP500TR2XI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.64 24.64 24.12 24.19 -0.45
Prev. Close Volume Bid Ask Time
24.64 0 2017-12-15 15:57:30
52wk High35.5252wk High Date2016-12-30
52wk Low24.2852wk Low Date2017-12-13
Want to analyze S&P 500 2X INVERSE INDEX TOTAL RETURN SP500TR2XI or another symbol? Try our Free Index Trend Analysis Report.