Index Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
S&P US Treasury Bond Futures 2X Leverage Index ER (CME:SPUST2LP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPUST2LP
The long term trend has been UP since Dec 3rd, 2018 at 145.44
The intermediate term trend has been UP since Jul 31st, 2019 at 182.44
The short term trend has been DOWN since Aug 23rd, 2019 at 200.78
Smart Scan Analysis for SPUST2LP
Based on a pre-defined weighted trend formula for chart analysis, SPUST2LP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).