Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, November 6, 2024.
S&P 500 PR Inverse Carry-Free Daily Index (TWD) (CME:SPXICT)
Strong Downtrend (-100) - SPXICT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPXICT continues to fall. 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.
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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 DOWN since Nov 6th, 2024 at 63.70
The short-term trend has been DOWN since Nov 6th, 2024 at 64.37
Smart Scan Analysis for SPXICT
Based on our trend formula, SPXICT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 65.30 | 65.30 | 63.38 | 63.38 | -1.20 |
| Prev. Close | Volume | Bid | Ask | Time |
| 64.58 | 0 | 2024-11-06 17:30:12 |