Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

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

Countertrend Up (+85) - SPX3LCUT 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 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
71638.20 73427.10 71638.20 73147.97 +1509.77
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 up The intermediate-term trend has been UP since May 6th, 2024 at 67637.36

short term down The short-term trend has been DOWN since May 23rd, 2024 at 72378.85

Smart Scan Analysis for SPX3LCUT

Based on our trend formula, SPX3LCUT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPX3LCUT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
71638.20 73427.10 71638.20 73147.97 +1509.77
Prev. Close Volume Bid Ask Time
73147.97 0 2024-05-24 16:19:56
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