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Index Trend Analysis Report

Prepared for you on Saturday, July 4, 2020.

S&P 500 PR Inverse Carry-Free Daily Index (TWD) (CME:SPXICT)

Long-Term Downtrend (-90) - SPXICT is in a strong downtrend that is likely to continue. While SPXICT 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 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.

CME_SPXICT
Open High Low SPXICT Price Change
124.41 124.41 122.33 123.81 -0.72
Entry Signal

MarketClub’s Trade Triangles for SPXICT

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 129.41

intermediate term down The intermediate-term trend has been DOWN since Apr 6th, 2020 at 154.49

short term down The short-term trend has been DOWN since Jun 30th, 2020 at 125.97

Smart Scan Analysis for SPXICT

Based on our trend formula, SPXICT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPXICT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
124.41 124.41 122.33 123.81 -0.72
Prev. Close Volume Bid Ask Time
130.29 0 2020-07-02 16:20:02
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