Index Trend Analysis Report
Prepared for you on Saturday, September 24, 2022.
S&P EURO Futures 2x Leverage Daily Index TR (CME:SPEUFT2L)
Strong Downtrend (-100) - SPEUFT2L is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPEUFT2L continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SPEUFT2L
The long-term trend has been DOWN since Mar 4th, 2021 at 115.886
The intermediate-term trend has been DOWN since Sep 21st, 2022 at 76.151
The short-term trend has been DOWN since Sep 21st, 2022 at 77.349
Smart Scan Analysis for SPEUFT2L
Based on our trend formula, SPEUFT2L is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).