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Index Trend Analysis Report

Prepared for you on Saturday, July 2, 2022.

S&P Australian Dollar Futures 2x Inverse Daily Index TR (CME:SPADFT2I)

Long-Term Uptrend (+90) - SPADFT2I is in a strong uptrend that is likely to continue. While SPADFT2I 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 SPADFT2I?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPADFT2I.

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

CME_SPADFT2I
Open High Low SPADFT2I Price Change
24.484 25.501 24.484 25.136 +0.653
Entry Signal

MarketClub’s Trade Triangles for SPADFT2I

long term up The long-term trend has been UP since May 2nd, 2022 at 23.762

intermediate term up The intermediate-term trend has been UP since Jun 13th, 2022 at 23.767

short term up The short-term trend has been UP since Jun 29th, 2022 at 24.619

Smart Scan Analysis for SPADFT2I

Based on our trend formula, SPADFT2I is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SPADFT2I
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
24.484 25.501 24.484 25.136 +0.653
Prev. Close Volume Bid Ask Time
25.122 0 2022-07-01 15:09:15
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