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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
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.
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MarketClub’s Trade Triangles for SPEUFP2I
The long-term trend has been DOWN since Jul 17th, 2024 at 70.463
The intermediate-term trend has been DOWN since Jul 8th, 2024 at 71.585
The short-term trend has been UP since Jul 22nd, 2024 at 71.219
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).
![Smart Scan Analysis for SPEUFP2I](/img/sites/trend-web/images/trend-slider.png)
Open | High | Low | Price | Change |
---|---|---|---|---|
71.497 | 71.708 | 71.365 | 71.510 | -0.007 |
Prev. Close | Volume | Bid | Ask | Time |
71.517 | 0 | 2024-07-26 16:20:50 |