Index Trend Analysis Report
Prepared for you on Sunday, June 20, 2021.
S&P EURO Futures 2x Leverage Daily Index ER (CME:SPEUFP2L)
Strong Downtrend (-100) - SPEUFP2L is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SPEUFP2L
The long-term trend has been DOWN since Mar 4th, 2021 at 80.250
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 81.685
The short-term trend has been DOWN since Jun 10th, 2021 at 82.320
Smart Scan Analysis for SPEUFP2L
Based on our trend formula, SPEUFP2L is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).