Index Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
S&P Australian Dollar Futures 2x Leverage Daily Index ER (CME:SPADFP2L)
Sidelines Mode (-55) - SPADFP2L 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 SPADFP2L?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPADFP2L.
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 SPADFP2L
The long-term trend has been DOWN since Dec 3rd, 2024 at 108.970
The intermediate-term trend has been DOWN since Feb 2nd, 2025 at 98.870
The short-term trend has been UP since Feb 5th, 2025 at 103.008
Smart Scan Analysis for SPADFP2L
Based on our trend formula, SPADFP2L is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
102.564 | 103.765 | 102.515 | 103.699 | +1.135 |
Prev. Close | Volume | Bid | Ask | Time |
102.564 | 0 | 2025-02-05 04:28:20 |