Index Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
S&P EURO Futures 1x Inverse Daily Index TR (CME:SPEUFT1I)
Crossroads (+60) - SPEUFT1I is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPEUFT1I?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPEUFT1I.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPEUFT1I
The long-term trend has been DOWN since May 25th, 2021 at 116.81
The intermediate-term trend has been UP since Jun 11th, 2021 at 118.30
The short-term trend has been UP since Jun 10th, 2021 at 117.84
Smart Scan Analysis for SPEUFT1I
Based on our trend formula, SPEUFT1I is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).