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Index Trend Analysis Report

Prepared for you on Saturday, October 26, 2024.

S&P Japanese Yen Futures 2x Leverage Daily Index TR (CME:SPJYFT2L)

Crossroads (-60) - SPJYFT2L 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 SPJYFT2L?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPJYFT2L.

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

CME_SPJYFT2L
Open High Low SPJYFT2L Price Change
20.979 21.084 20.831 20.834 -0.130
Entry Signal

MarketClub’s Trade Triangles for SPJYFT2L

long term up The long-term trend has been UP since Jul 31st, 2024 at 22.118

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 22.650

short term down The short-term trend has been DOWN since Oct 2nd, 2024 at 22.650

Smart Scan Analysis for SPJYFT2L

Based on our trend formula, SPJYFT2L is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPJYFT2L
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
20.979 21.084 20.831 20.834 -0.130
Prev. Close Volume Bid Ask Time
20.869 0 2024-10-25 15:10:00
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