Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, November 24, 2024.
S&P Australian Dollar Futures 2x Inverse Daily Index TR (CME:SPADFT2I)
Sidelines Mode (+55) - SPADFT2I 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 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.
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MarketClub’s Trade Triangles for SPADFT2I
The long-term trend has been DOWN since Aug 29th, 2024 at 26.859
The intermediate-term trend has been UP since Oct 9th, 2024 at 27.904
The short-term trend has been DOWN since Nov 24th, 2024 at 29.558
Smart Scan Analysis for SPADFT2I
Based on our trend formula, SPADFT2I is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.888 | 29.888 | 29.410 | 29.649 | -0.228 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.877 | 0 | 2024-11-24 22:43:55 |