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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

S&P US Dollar Futures 1x Inverse Daily Index TR (CME:SPUSDT1I)

Countertrend Down (-85) - SPUSDT1I is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid SPUSDT1I?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPUSDT1I.

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

CME_SPUSDT1I
Open High Low SPUSDT1I Price Change
143.09 143.12 142.82 142.88 -0.20
Entry Signal

MarketClub’s Trade Triangles for SPUSDT1I

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 143.09

intermediate term down The intermediate-term trend has been DOWN since Mar 22nd, 2024 at 144.29

short term up The short-term trend has been UP since Apr 23rd, 2024 at 142.75

Smart Scan Analysis for SPUSDT1I

Based on our trend formula, SPUSDT1I is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPUSDT1I
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
143.09 143.12 142.82 142.88 -0.20
Prev. Close Volume Bid Ask Time
143.08 0 2024-04-24 04:05:32
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