Index Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
S&P 30-YEAR US T-BOND FUTURES TRUST (CME:SPUSTBTR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 SPUSTBTR
The long term trend has been UP since Dec 19th, 2018 at 373.67
The intermediate term trend has been DOWN since Jan 18th, 2019 at 375.43
The short term trend has been DOWN since Jan 7th, 2019 at 381.00
Smart Scan Analysis for SPUSTBTR
Based on a pre-defined weighted trend formula for chart analysis, SPUSTBTR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||384.61||52wk High Date||2017-12-06|
|52wk Low||351.18||52wk Low Date||2018-10-09|