Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
S&P 500 PR Inverse Carry-Free Daily Index (TWD) (CME:SPXICT)
Bull Market Weakness (+75) - SPXICT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPXICT as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPXICT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXICT.
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 SPXICT
The long-term trend has been DOWN since Nov 20th, 2023 at 81.90
The intermediate-term trend has been UP since Jul 24th, 2024 at 70.29
The short-term trend has been UP since Jul 18th, 2024 at 68.64
Smart Scan Analysis for SPXICT
Based on our trend formula, SPXICT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 71.31 | 71.31 | 70.18 | 70.57 | -0.84 |
| Prev. Close | Volume | Bid | Ask | Time |
| 71.41 | 0 | 2024-07-26 16:20:02 |