Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
S&P US Treasury Bond Futures Inverse Index ER (CME:SPUSTBIP)
Long-Term Uptrend (+90) - SPUSTBIP is in a strong uptrend that is likely to continue. While SPUSTBIP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPUSTBIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPUSTBIP.
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 SPUSTBIP
The long-term trend has been UP since Apr 2nd, 2024 at 78.135
The intermediate-term trend has been UP since Mar 18th, 2024 at 77.631
The short-term trend has been UP since May 1st, 2024 at 80.466
Smart Scan Analysis for SPUSTBIP
Based on our trend formula, SPUSTBIP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 80.312 | 80.533 | 79.738 | 79.760 | -0.508 |
| Prev. Close | Volume | Bid | Ask | Time |
| 80.268 | 0 | 2024-05-01 14:04:08 |