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Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
S&P US Treasury Bond Futures 2X Leverage Index ER (CME:SPUST2LP)
Sidelines Mode (-55) - SPUST2LP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPUST2LP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPUST2LP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPUST2LP
The long-term trend has been DOWN since Apr 2nd, 2024 at 108.210
The intermediate-term trend has been DOWN since Mar 18th, 2024 at 109.583
The short-term trend has been UP since May 3rd, 2024 at 103.855
Smart Scan Analysis for SPUST2LP
Based on our trend formula, SPUST2LP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 103.633 | 106.224 | 103.126 | 105.153 | +1.577 |
| Prev. Close | Volume | Bid | Ask | Time |
| 105.210 | 0 | 2024-05-03 15:10:03 |