Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, December 5, 2024.
S&P 500 TR 3X Inverse Carry-Free Daily Index (CME:SPX3ICUT)
Long-Term Downtrend (-90) - SPX3ICUT is in a strong downtrend that is likely to continue. While SPX3ICUT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Nov 6th, 2024 at 5.54
The short-term trend has been DOWN since Nov 21st, 2024 at 5.28
Smart Scan Analysis for SPX3ICUT
Based on our trend formula, SPX3ICUT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.91 | 4.94 | 4.89 | 4.93 | +0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.91 | 0 | 2024-12-05 16:20:01 |