Index Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
S&P 2-YEAR US TREASURY NOTE FUTURES TRUST (CME:SPUST2TR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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 UP since Oct 12th, 2018 at 172.54
The short term trend has been UP since Jan 22nd, 2019 at 174.71
Smart Scan Analysis for SPUST2TR
Based on a pre-defined weighted trend formula for chart analysis, SPUST2TR scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||173.44||52wk High Date||2018-11-29|
|52wk Low||171.2||52wk Low Date||2018-02-15|