Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P Australian Dollar Futures 2x Leverage Daily Index ER (CME:SPADFP2L)

Strong Downtrend (-100) - SPADFP2L is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPADFP2L continues to fall. Traders should use caution and set stops.

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.

CME_SPADFP2L
Open High Low SPADFP2L Price Change
109.41 110.32 109.27 109.82 +0.56
Entry Signal

MarketClub’s Trade Triangles for SPADFP2L

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 111.54

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 112.45

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 115.15

Smart Scan Analysis for SPADFP2L

Based on our trend formula, SPADFP2L is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SPADFP2L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.41 110.32 109.27 109.82 +0.56
Prev. Close Volume Bid Ask Time
109.26 0 2024-04-19 07:56:40
Get a free daily analysis and signals for S&P Australian Dollar Futures 2x Leverage Daily Index ER (SPADFP2L) - Request Your Free Report.