Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
S&P Australian Dollar Futures 2x Leverage Daily Index TR (CME:SPADFT2L)
Bull Market Weakness (+75) - SPADFT2L is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPADFT2L as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPADFT2L?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPADFT2L.
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 SPADFT2L
The long-term trend has been DOWN since Apr 1st, 2021 at 261.52
The intermediate-term trend has been UP since Oct 11th, 2021 at 244.79
The short-term trend has been UP since Oct 4th, 2021 at 240.71
Smart Scan Analysis for SPADFT2L
Based on our trend formula, SPADFT2L is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 253.21 | 256.44 | 252.57 | 253.28 | +0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 253.28 | 0 | 2021-10-22 16:18:03 |