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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P 500 TR 3X Leverage Carry-Free Daily Index (CME:SPX3LCUT)

Crossroads (-60) - SPX3LCUT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPX3LCUT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPX3LCUT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPX3LCUT
Open High Low SPX3LCUT Price Change
77164.56 81000.35 77164.56 79747.82 +2583.26
Entry Signal

MarketClub’s Trade Triangles for SPX3LCUT

long term up The long-term trend has been UP since Dec 1st, 2023 at 47149.86

intermediate term down The intermediate-term trend has been DOWN since Jul 24th, 2024 at 79392.06

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 85607.18

Smart Scan Analysis for SPX3LCUT

Based on our trend formula, SPX3LCUT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPX3LCUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77164.56 81000.35 77164.56 79747.82 +2583.26
Prev. Close Volume Bid Ask Time
77164.56 0 2024-07-26 16:19:56
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