Free Daily Analysis
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.
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MarketClub’s Trade Triangles for SP500TR2XI
The long-term trend has been DOWN since Apr 29th, 2020 at 13.67
The intermediate-term trend has been DOWN since Oct 15th, 2021 at 5.12
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).
| 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 High | 26.65 | 52wk High Date | 2018-02-09 |
| 52wk Low | 19.36 | 52wk Low Date | 2018-09-21 |