Index Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
S&P 2-YEAR US TREASURY NOTE FUTURES TRUST (CME:SPUST2TR)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPUST2TR
The long term trend has been UP since Apr 2nd, 2018 at 171.86
The intermediate term trend has been DOWN since Sep 11th, 2018 at 172.44
The short term trend has been DOWN since Sep 7th, 2018 at 172.59
Smart Scan Analysis for SPUST2TR
Based on a pre-defined weighted trend formula for chart analysis, SPUST2TR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||172.73||52wk High Date||2018-09-06|
|52wk Low||171.2||52wk Low Date||2018-02-15|