Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
S&P EURO Futures 1x Inverse Daily Index TR (CME:SPEUFT1I)
Sidelines Mode (+55) - SPEUFT1I 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 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.
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MarketClub’s Trade Triangles for SPEUFT1I
The long-term trend has been UP since Feb 13th, 2024 at 148.65
The intermediate-term trend has been UP since Mar 22nd, 2024 at 147.94
The short-term trend has been DOWN since May 3rd, 2024 at 150.40
Smart Scan Analysis for SPEUFT1I
Based on our trend formula, SPEUFT1I is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 150.48 | 150.63 | 149.43 | 150.04 | -0.49 |
| Prev. Close | Volume | Bid | Ask | Time |
| 150.04 | 0 | 2024-05-03 16:36:41 |