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Index Trend Analysis Report

Prepared for you on Thursday, May 23, 2024.

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

Sidelines Mode (+55) - SPEUFT2L 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 SPEUFT2L?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPEUFT2L.

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

CME_SPEUFT2L
Open High Low SPEUFT2L Price Change
92.113 92.410 91.807 92.376 +0.289
Entry Signal

MarketClub’s Trade Triangles for SPEUFT2L

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 89.324

intermediate term up The intermediate-term trend has been UP since May 13th, 2024 at 91.667

short term down The short-term trend has been DOWN since May 22nd, 2024 at 92.341

Smart Scan Analysis for SPEUFT2L

Based on our trend formula, SPEUFT2L is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SPEUFT2L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
92.113 92.410 91.807 92.376 +0.289
Prev. Close Volume Bid Ask Time
92.087 0 2024-05-23 06:03:15
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