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Index Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

S&P 500 2x Inverse Daily Index (CME:SP500TR2XI)

Strong Downtrend (-100) - SP500TR2XI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SP500TR2XI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SP500TR2XI.

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

CME_SP500TR2XI
Open High Low SP500TR2XI Price Change
4.90 4.96 4.88 4.91 +0.01
Entry Signal

MarketClub’s Trade Triangles for SP500TR2XI

long term down The long-term trend has been DOWN since Apr 29th, 2020 at 13.67

intermediate term down The intermediate-term trend has been DOWN since Oct 15th, 2021 at 5.12

short term down The short-term trend has been DOWN since Oct 14th, 2021 at 5.21

Smart Scan Analysis for SP500TR2XI

Based on our trend formula, SP500TR2XI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SP500TR2XI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.90 4.96 4.88 4.91 +0.01
Prev. Close Volume Bid Ask Time
4.91 0 2021-10-22 16:19:25
52wk High26.6552wk High Date2018-02-09
52wk Low19.3652wk Low Date2018-09-21
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