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Index Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

S&P US Treasury Bond Futures Inverse Index ER (CME:SPUSTBIP)

Crossroads (-60) - SPUSTBIP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

CME_SPUSTBIP
Open High Low SPUSTBIP Price Change
61.715 61.971 61.580 61.629 -0.086
Entry Signal

MarketClub’s Trade Triangles for SPUSTBIP

long term up The long-term trend has been UP since Oct 6th, 2020 at 56.510

intermediate term down The intermediate-term trend has been DOWN since Apr 13th, 2021 at 62.009

short term down The short-term trend has been DOWN since May 3rd, 2021 at 61.776

Smart Scan Analysis for SPUSTBIP

Based on our trend formula, SPUSTBIP is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SPUSTBIP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
61.715 61.971 61.580 61.629 -0.086
Prev. Close Volume Bid Ask Time
61.629 0 2021-05-05 20:29:53
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