Index Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
S&P EURO Futures 1x Inverse Daily Index ER (CME:SPEUFP1I)
Weak Downtrend (-65) - SPEUFP1I is showing signs of a strengthening downtrend. Monitor SPEUFP1I as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPEUFP1I?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEUFP1I.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPEUFP1I
The long-term trend has been UP since Mar 5th, 2021 at 82.806
The intermediate-term trend has been DOWN since Apr 14th, 2021 at 82.918
The short-term trend has been DOWN since May 7th, 2021 at 82.118
Smart Scan Analysis for SPEUFP1I
Based on our trend formula, SPEUFP1I is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).