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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P EURO Futures 1x Inverse Daily Index ER (CME:SPEUFP1I)

Sidelines Mode (-55) - SPEUFP1I 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 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.

CME_SPEUFP1I
Open High Low SPEUFP1I Price Change
94.393 94.532 94.306 94.402 -0.004
Entry Signal

MarketClub’s Trade Triangles for SPEUFP1I

long term down The long-term trend has been DOWN since Jul 17th, 2024 at 93.691

intermediate term down The intermediate-term trend has been DOWN since Jul 8th, 2024 at 94.448

short term up The short-term trend has been UP since Jul 22nd, 2024 at 94.209

Smart Scan Analysis for SPEUFP1I

Based on our trend formula, SPEUFP1I is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPEUFP1I
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
94.393 94.532 94.306 94.402 -0.004
Prev. Close Volume Bid Ask Time
94.406 0 2024-07-26 16:20:50
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