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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.
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MarketClub’s Trade Triangles for SPEUFP2L
The long-term trend has been UP since Jul 17th, 2024 at 58.951
The intermediate-term trend has been UP since Jul 8th, 2024 at 57.958
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).
![Smart Scan Analysis for SPEUFP2L](/img/sites/trend-web/images/trend-slider.png)
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 |