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Index Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

S&P US Treasury Bond Futures Index ER (CME:SPUSTBP)

Long-Term Downtrend (-90) - SPUSTBP is in a strong downtrend that is likely to continue. While SPUSTBP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPUSTBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPUSTBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPUSTBP
Open High Low SPUSTBP Price Change
205.40 205.46 204.84 205.40 -0.11
Entry Signal

MarketClub’s Trade Triangles for SPUSTBP

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 211.59

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2024 at 212.94

short term down The short-term trend has been DOWN since May 1st, 2024 at 205.01

Smart Scan Analysis for SPUSTBP

Based on our trend formula, SPUSTBP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPUSTBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
205.40 205.46 204.84 205.40 -0.11
Prev. Close Volume Bid Ask Time
205.51 0 2024-05-01 08:11:52
52wk High256.2152wk High Date2017-12-06
52wk Low230.3952wk Low Date2018-10-09
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