Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
S&P 500 PR 2X Leverage Carry-Free Daily Index (CME:SPX2XLCU)
Sidelines Mode (+55) - SPX2XLCU 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 SPX2XLCU?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPX2XLCU.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPX2XLCU
The long-term trend has been UP since Dec 1st, 2023 at 12614.42
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 15728.48
The short-term trend has been UP since Apr 23rd, 2024 at 15254.08
Smart Scan Analysis for SPX2XLCU
Based on our trend formula, SPX2XLCU is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 15423.92 | 15446.39 | 15192.84 | 15340.66 | +6.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 15340.66 | 0 | 2024-04-24 16:19:57 |