Index Trend Analysis Report
Prepared for you on Friday, February 28, 2020.
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 Feb 5th, 2020 at 66.092
The intermediate-term trend has been UP since Jan 17th, 2020 at 64.860
The short-term trend has been DOWN since Feb 21st, 2020 at 68.094
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).