Index Trend Analysis Report

Prepared for you on Tuesday, May 7, 2024.

S&P Ultra 10-Year U.S. Treasury Note Futures Excess Return Index (CME:SPUSTNP)

Sidelines Mode (-55) - SPUSTNP 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 SPUSTNP?

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

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

Open	High	Low	SPUSTNP Price	Change
86.260	86.465	86.260	86.429	+0.169
Entry Signal

MarketClub’s Trade Triangles for SPUSTNP

The long-term trend has been DOWN since Apr 2nd, 2024 at 87.271

The intermediate-term trend has been DOWN since Mar 18th, 2024 at 87.476

The short-term trend has been UP since May 2nd, 2024 at 85.622

Smart Scan Analysis for SPUSTNP

Based on our trend formula, SPUSTNP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
86.260	86.465	86.260	86.429	+0.169
Prev. Close	Volume	Bid	Ask	Time
86.260	0			2024-05-07 05:25:36

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