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Index Trend Analysis Report
Prepared for you on Wednesday, June 7, 2023.
S&P 500 Inverse (CME:SP500INV)
Strong Downtrend (-100) - SP500INV is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SP500INV continues to fall. 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.
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MarketClub’s Trade Triangles for SP500INV
The long-term trend has been DOWN since Dec 1st, 2022 at 91.17
The intermediate-term trend has been DOWN since May 18th, 2023 at 90.95
The short-term trend has been DOWN since May 26th, 2023 at 91.17
Smart Scan Analysis for SP500INV
Based on our trend formula, SP500INV is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 89.66 | 89.88 | 89.36 | 89.45 | -0.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 89.45 | 0 | 2023-06-06 16:19:55 |
| 52wk High | 180.51 | 52wk High Date | 2018-02-09 |
| 52wk Low | 155.47 | 52wk Low Date | 2018-09-21 |