Index Trend Analysis Report
Prepared for you on Friday, January 18, 2019.
S&P ULTRA T-BOND FUTURES TOTAL RETURN (CME:SPUSTUTR)
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 SPUSTUTR
The long term trend has been UP since Dec 18th, 2018 at 160.70
The intermediate term trend has been DOWN since Jan 15th, 2019 at 161.39
The short term trend has been DOWN since Jan 8th, 2019 at 163.37
Smart Scan Analysis for SPUSTUTR
Based on a pre-defined weighted trend formula for chart analysis, SPUSTUTR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||167.59||52wk High Date||2017-12-15|
|52wk Low||149.87||52wk Low Date||2018-10-09|