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Index Trend Analysis Report

Prepared for you on Saturday, December 2, 2023.

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

Crossroads (-60) - SPJYFT2I is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
380.07 381.53 372.81 373.76 -4.51
Entry Signal

MarketClub’s Trade Triangles for SPJYFT2I

long term up The long-term trend has been UP since Mar 2nd, 2023 at 293.13

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2023 at 378.92

short term down The short-term trend has been DOWN since Nov 27th, 2023 at 381.62

Smart Scan Analysis for SPJYFT2I

Based on our trend formula, SPJYFT2I is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPJYFT2I
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
380.07 381.53 372.81 373.76 -4.51
Prev. Close Volume Bid Ask Time
373.76 0 2023-12-01 15:09:45
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