Index Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
S&P EURO Futures 2x Inverse Daily Index ER (CME:SPEUFP2I)
Sidelines Mode (+55) - SPEUFP2I 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 SPEUFP2I?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEUFP2I.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPEUFP2I
The long-term trend has been UP since Aug 6th, 2021 at 58.282
The intermediate-term trend has been UP since Sep 20th, 2021 at 58.659
The short-term trend has been DOWN since Oct 13th, 2021 at 60.108
Smart Scan Analysis for SPEUFP2I
Based on our trend formula, SPEUFP2I is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).