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Index Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

S&P Australian Dollar Futures 1x Inverse Daily Index TR (CME:SPADFT1I)

Long-Term Uptrend (+90) - SPADFT1I is in a strong uptrend that is likely to continue. While SPADFT1I is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid SPADFT1I?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPADFT1I.

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

CME_SPADFT1I
Open High Low SPADFT1I Price Change
75.227 75.493 74.581 74.629 -0.592
Entry Signal

MarketClub’s Trade Triangles for SPADFT1I

long term up The long-term trend has been UP since May 2nd, 2022 at 73.933

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2022 at 70.508

short term up The short-term trend has been UP since May 9th, 2022 at 73.799

Smart Scan Analysis for SPADFT1I

Based on our trend formula, SPADFT1I is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPADFT1I
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
75.227 75.493 74.581 74.629 -0.592
Prev. Close Volume Bid Ask Time
75.221 0 2022-05-16 16:19:20
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