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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

S&P Japanese Yen Futures 2x Inverse Daily Index TR (CME:SPJYFT2I)

Countertrend Up (+85) - SPJYFT2I is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SPJYFT2I?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPJYFT2I.

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

CME_SPJYFT2I
Open High Low SPJYFT2I Price Change
415.86 416.48 414.55 415.98 +0.43
Entry Signal

MarketClub’s Trade Triangles for SPJYFT2I

long term up The long-term trend has been UP since Feb 8th, 2024 at 397.12

intermediate term up The intermediate-term trend has been UP since Mar 19th, 2024 at 407.63

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 413.38

Smart Scan Analysis for SPJYFT2I

Based on our trend formula, SPJYFT2I is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPJYFT2I
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
415.86 416.48 414.55 415.98 +0.43
Prev. Close Volume Bid Ask Time
415.92 0 2024-03-28 15:10:00
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