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Index Trend Analysis Report

Prepared for you on Wednesday, October 21, 2020.

S&P EURO Futures 2x Inverse Daily Index TR (CME:SPEUFT2I)

Strong Downtrend (-100) - SPEUFT2I 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 SPEUFT2I?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPEUFT2I.

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

CME_SPEUFT2I
Open High Low SPEUFT2I Price Change
82.671 82.671 81.924 82.001 -0.670
Entry Signal

MarketClub’s Trade Triangles for SPEUFT2I

long term down The long-term trend has been DOWN since Jul 15th, 2020 at 88.471

intermediate term down The intermediate-term trend has been DOWN since Oct 20th, 2020 at 82.636

short term down The short-term trend has been DOWN since Oct 19th, 2020 at 83.451

Smart Scan Analysis for SPEUFT2I

Based on our trend formula, SPEUFT2I is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SPEUFT2I
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.671 82.671 81.924 82.001 -0.670
Prev. Close Volume Bid Ask Time
82.251 0 2020-10-21 12:05:30
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