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Index Trend Analysis Report

Prepared for you on Saturday, May 28, 2022.

S&P Australian Dollar Futures 1x Inverse Daily Index ER (CME:SPADFP1I)

Sidelines Mode (+55) - SPADFP1I is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SPADFP1I?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPADFP1I.

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

CME_SPADFP1I
Open High Low SPADFP1I Price Change
46.613 46.613 46.124 46.196 -0.417
Entry Signal

MarketClub’s Trade Triangles for SPADFP1I

long term up The long-term trend has been UP since May 2nd, 2022 at 47.029

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2022 at 44.815

short term down The short-term trend has been DOWN since May 19th, 2022 at 46.966

Smart Scan Analysis for SPADFP1I

Based on our trend formula, SPADFP1I is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPADFP1I
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
46.613 46.613 46.124 46.196 -0.417
Prev. Close Volume Bid Ask Time
46.196 0 2022-05-27 16:18:39
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