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Index Trend Analysis Report

Prepared for you on Sunday, September 15, 2024.

S&P Japanese Yen Futures 1x Inverse Daily Index TR (CME:SPJYFT1I)

Long-Term Downtrend (-90) - SPJYFT1I is in a strong downtrend that is likely to continue. While SPJYFT1I is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPJYFT1I?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPJYFT1I.

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

CME_SPJYFT1I
Open High Low SPJYFT1I Price Change
300.77 301.86 299.41 300.86 +0.05
Entry Signal

MarketClub’s Trade Triangles for SPJYFT1I

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 312.96

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2024 at 330.80

short term down The short-term trend has been DOWN since Sep 4th, 2024 at 307.83

Smart Scan Analysis for SPJYFT1I

Based on our trend formula, SPJYFT1I is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPJYFT1I
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
300.77 301.86 299.41 300.86 +0.05
Prev. Close Volume Bid Ask Time
300.84 0 2024-09-13 15:09:55
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