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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P EURO Futures 2x Leverage Daily Index ER (CME:SPEUFP2L)

Sidelines Mode (+55) - SPEUFP2L 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 SPEUFP2L?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPEUFP2L.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPEUFP2L
Open High Low SPEUFP2L Price Change
58.012 58.119 57.842 58.002 +0.006
Entry Signal

MarketClub’s Trade Triangles for SPEUFP2L

long term up The long-term trend has been UP since Jul 17th, 2024 at 58.951

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 57.958

short term down The short-term trend has been DOWN since Jul 22nd, 2024 at 58.243

Smart Scan Analysis for SPEUFP2L

Based on our trend formula, SPEUFP2L is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPEUFP2L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
58.012 58.119 57.842 58.002 +0.006
Prev. Close Volume Bid Ask Time
57.996 0 2024-07-26 16:20:50
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