Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
S&P 500 PR Inverse Carry-Free Daily Index (TWD) (CME:SPXICT)
Sidelines Mode (-55) - SPXICT 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 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 Sep 12th, 2019 at 151.13
The intermediate-term trend has been DOWN since Feb 6th, 2020 at 131.27
The short-term trend has been UP since Feb 18th, 2020 at 130.32
Smart Scan Analysis for SPXICT
Based on our trend formula, SPXICT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 131.65 | 133.24 | 131.65 | 132.49 | +1.76 |
| Prev. Close | Volume | Bid | Ask | Time |
| 134.21 | 0 | 2020-02-21 11:29:47 |