Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
S&P Japanese Yen Futures 1x Inverse Daily Index TR (CME:SPJYFT1I)
Countertrend Up (+85) - SPJYFT1I 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 SPJYFT1I?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPJYFT1I.
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 SPJYFT1I
The long-term trend has been UP since Mar 2nd, 2023 at 250.58
The intermediate-term trend has been UP since Mar 19th, 2024 at 305.27
The short-term trend has been DOWN since May 15th, 2024 at 321.46
Smart Scan Analysis for SPJYFT1I
Based on our trend formula, SPJYFT1I is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 322.45 | 322.70 | 321.19 | 322.08 | -0.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 322.08 | 0 | 2024-05-17 15:09:55 |