Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
S&P 500 TR 3X Inverse Carry-Free Daily Index (CME:SPX3ICUT)
Sidelines Mode (-55) - SPX3ICUT 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 SPX3ICUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPX3ICUT.
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 SPX3ICUT
The long-term trend has been DOWN since Nov 15th, 2023 at 13.76
The intermediate-term trend has been UP since Apr 15th, 2024 at 9.09
The short-term trend has been DOWN since Apr 23rd, 2024 at 9.36
Smart Scan Analysis for SPX3ICUT
Based on our trend formula, SPX3ICUT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.26 | 9.70 | 9.26 | 9.38 | +0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 9.26 | 0 | 2024-04-25 16:19:51 |