Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
S&P US Dollar Futures 1x Inverse Daily Index ER (CME:SPUSDP1I)
Strong Downtrend (-100) - SPUSDP1I is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPUSDP1I continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPUSDP1I?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPUSDP1I.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for SPUSDP1I
The long-term trend has been DOWN since Aug 11th, 2021 at 98.016
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 87.472
The short-term trend has been DOWN since Jun 29th, 2022 at 87.109
Smart Scan Analysis for SPUSDP1I
Based on our trend formula, SPUSDP1I is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 87.181 | 87.269 | 86.655 | 86.667 | -0.602 |
| Prev. Close | Volume | Bid | Ask | Time |
| 87.269 | 0 | 2022-06-29 20:29:02 |