Analyze Symbol

Index Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

S&P EURO Futures 2x Leverage Daily Index TR (CME:SPEUFT2L)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

CME_SPEUFT2L
Open High Low SPEUFT2L Price Change
104.20 105.35 103.55 105.08 +0.89
Entry Signal

MarketClub’s Trade Triangles for SPEUFT2L

long term down The long term trend has been DOWN since Jan 24th, 2019 at 110.94

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2019 at 107.07

short term down The short term trend has been DOWN since Aug 23rd, 2019 at 104.20

Smart Scan Analysis for SPEUFT2L

Based on a pre-defined weighted trend formula for chart analysis, SPEUFT2L scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SPEUFT2L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
104.20 105.35 103.55 105.08 +0.89
Prev. Close Volume Bid Ask Time
106.73 0 2019-08-23 12:32:50
Want to analyze S&P EURO Futures 2x Leverage Daily Index TR SPEUFT2L or another symbol? Try our Free Index Trend Analysis Report.