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Index Trend Analysis Report

Prepared for you on Saturday, January 22, 2022.

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

Bull Market Weakness (+75) - SPXICU is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPXICU as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SPXICU?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPXICU.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPXICU
Open High Low SPXICU Price Change
99.01 100.68 98.50 100.62 +1.86
Entry Signal

MarketClub’s Trade Triangles for SPXICU

long term down The long-term trend has been DOWN since Jun 2nd, 2020 at 150.15

intermediate term up The intermediate-term trend has been UP since Jan 18th, 2022 at 96.65

short term up The short-term trend has been UP since Jan 14th, 2022 at 95.52

Smart Scan Analysis for SPXICU

Based on our trend formula, SPXICU is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for SPXICU
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
99.01 100.68 98.50 100.62 +1.86
Prev. Close Volume Bid Ask Time
100.62 0 2022-01-21 16:52:54
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