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Index Trend Analysis Report

Prepared for you on Wednesday, June 28, 2017.

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

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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
29.86 29.86 29.52 29.57 -0.29
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 Apr 25th, 2017 at 31.07

short term up The short term trend has been UP since Jun 27th, 2017 at 29.57

Smart Scan Analysis for SP500TR2XI

Based on a pre-defined weighted trend formula for chart analysis, SP500TR2XI scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for SP500TR2XI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.86 29.86 29.52 29.57 -0.29
Prev. Close Volume Bid Ask Time
29.86 0 2017-06-28 09:44:25
52wk High45.6652wk High Date2016-06-28
52wk Low29.0252wk Low Date2017-06-19
Want to analyze S&P 500 2X INVERSE INDEX TOTAL RETURN SP500TR2XI or another symbol? Try our Free Index Trend Analysis Report.