Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
S&P Japanese Yen Futures 2x Inverse Daily Index ER (CME:SPJYFP2I)
Countertrend Up (+85) - SPJYFP2I is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPJYFP2I?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPJYFP2I.
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 SPJYFP2I
The long-term trend has been UP since Feb 13th, 2024 at 236.72
The intermediate-term trend has been UP since Mar 19th, 2024 at 239.21
The short-term trend has been DOWN since May 15th, 2024 at 258.99
Smart Scan Analysis for SPJYFP2I
Based on our trend formula, SPJYFP2I is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 260.26 | 260.66 | 258.22 | 259.66 | -0.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 259.66 | 0 | 2024-05-17 15:09:55 |