Index Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
S&P EURO Futures 2x Inverse Daily Index ER (CME:SPEUFP2I)
Long-Term Uptrend (+90) - SPEUFP2I is in a strong uptrend that is likely to continue. While SPEUFP2I is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 Mar 5th, 2021 at 56.181
The intermediate-term trend has been UP since Mar 2nd, 2021 at 55.602
The short-term trend has been UP since Feb 26th, 2021 at 54.805
Smart Scan Analysis for SPEUFP2I
Based on our trend formula, SPEUFP2I is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).