Index Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
S&P 500 Inverse (CME:SP500INV)
Long-Term Downtrend (-90) - SP500INV is in a strong downtrend that is likely to continue. While SP500INV is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500INV?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500INV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SP500INV
The long-term trend has been DOWN since Jun 2nd, 2020 at 134.89
The intermediate-term trend has been DOWN since Oct 15th, 2021 at 88.04
The short-term trend has been DOWN since Oct 14th, 2021 at 88.88
Smart Scan Analysis for SP500INV
Based on our trend formula, SP500INV is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||180.51||52wk High Date||2018-02-09|
|52wk Low||155.47||52wk Low Date||2018-09-21|