Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
S&P Australian Dollar Futures 2x Leverage Daily Index TR (CME:SPADFT2L)
Bear Market Rally (-75) - SPADFT2L is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPADFT2L as it may be in the beginning 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 15th, 2024 at 189.78
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 192.69
The short-term trend has been UP since Apr 21st, 2024 at 191.31
Smart Scan Analysis for SPADFT2L
Based on our trend formula, SPADFT2L is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 191.62 | 193.48 | 190.61 | 193.36 | +1.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 191.59 | 0 | 2024-04-23 19:06:45 |