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Index Trend Analysis Report

Prepared for you on Sunday, May 19, 2024.

S&P US Dollar Futures Index ER (CME:SPUSDP)

Sidelines Mode (-55) - SPUSDP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPUSDP
Open High Low SPUSDP Price Change
100.69 100.86 100.47 100.53 -0.14
Entry Signal

MarketClub’s Trade Triangles for SPUSDP

long term up The long-term trend has been UP since Apr 1st, 2024 at 100.66

intermediate term down The intermediate-term trend has been DOWN since May 15th, 2024 at 100.59

short term up The short-term trend has been UP since May 14th, 2024 at 101.43

Smart Scan Analysis for SPUSDP

Based on our trend formula, SPUSDP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for SPUSDP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
100.69 100.86 100.47 100.53 -0.14
Prev. Close Volume Bid Ask Time
100.51 0 2024-05-17 15:59:11
52wk High89.2352wk High Date2018-11-13
52wk Low79.6152wk Low Date2018-02-16
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