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Index Trend Analysis Report

Prepared for you on Thursday, September 28, 2023.

S&P 2-Year U.S. Treasury Note Futures Excess Return Index (CME:SPUST2P)

Strong Downtrend (-100) - SPUST2P is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SPUST2P continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPUST2P?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPUST2P.

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

CME_SPUST2P
Open High Low SPUST2P Price Change
119.38 119.40 119.35 119.37 0.00
Entry Signal

MarketClub’s Trade Triangles for SPUST2P

long term down The long-term trend has been DOWN since Jun 27th, 2023 at 120.71

intermediate term down The intermediate-term trend has been DOWN since May 17th, 2023 at 122.60

short term down The short-term trend has been DOWN since Sep 18th, 2023 at 119.62

Smart Scan Analysis for SPUST2P

Based on our trend formula, SPUST2P is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SPUST2P
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
119.38 119.40 119.35 119.37 0.00
Prev. Close Volume Bid Ask Time
119.37 0 2023-09-28 03:42:11
52wk High127.7152wk High Date2017-12-01
52wk Low125.8552wk Low Date2018-11-08
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