Index Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
S&P US Treasury Bond Futures 2X Inverse Index ER (CME:SPUST2IP)
Strong Downtrend (-100) - SPUST2IP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for SPUST2IP
The long-term trend has been DOWN since Jun 9th, 2021 at 33.576
The intermediate-term trend has been DOWN since Jun 4th, 2021 at 34.213
The short-term trend has been DOWN since Jun 17th, 2021 at 33.301
Smart Scan Analysis for SPUST2IP
Based on our trend formula, SPUST2IP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).