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Index Trend Analysis Report

Prepared for you on Tuesday, October 19, 2021.

S&P US Treasury Bond Futures 2X Inverse Index ER (CME:SPUST2IP)

Countertrend Up (+85) - SPUST2IP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SPUST2IP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPUST2IP.

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

CME_SPUST2IP
Open High Low SPUST2IP Price Change
32.325 32.680 32.325 32.655 +0.241
Entry Signal

MarketClub’s Trade Triangles for SPUST2IP

long term up The long-term trend has been UP since Oct 8th, 2021 at 33.036

intermediate term up The intermediate-term trend has been UP since Sep 24th, 2021 at 31.636

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 32.677

Smart Scan Analysis for SPUST2IP

Based on our trend formula, SPUST2IP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPUST2IP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.325 32.680 32.325 32.655 +0.241
Prev. Close Volume Bid Ask Time
32.414 0 2021-10-19 08:28:03
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