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Index Trend Analysis Report

Prepared for you on Monday, March 8, 2021.

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

Crossroads (+60) - SP500TR2XI 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 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
7.46 7.61 7.13 7.16 -0.30
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 up The intermediate-term trend has been UP since Mar 4th, 2021 at 7.40

short term up The short-term trend has been UP since Feb 18th, 2021 at 7.00

Smart Scan Analysis for SP500TR2XI

Based on our trend formula, SP500TR2XI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SP500TR2XI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.46 7.61 7.13 7.16 -0.30
Prev. Close Volume Bid Ask Time
7.16 0 2021-03-05 16:19:55
52wk High26.6552wk High Date2018-02-09
52wk Low19.3652wk Low Date2018-09-21
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