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.
MarketClub’s Trade Triangles for SPUSTBIP
The long-term trend has been UP since Oct 6th, 2020 at 56.510
The intermediate-term trend has been DOWN since Apr 13th, 2021 at 62.009
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).