Index Trend Analysis Report
Prepared for you on Saturday, May 21, 2022.
S&P Ultra 10-Year U.S. Treasury Note Futures Index (CME:SPUSTN)
Sidelines Mode (-55) - SPUSTN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPUSTN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPUSTN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPUSTN
The long-term trend has been DOWN since Oct 7th, 2021 at 105.37
The intermediate-term trend has been DOWN since Mar 14th, 2022 at 101.25
The short-term trend has been UP since May 19th, 2022 at 94.21
Smart Scan Analysis for SPUSTN
Based on our trend formula, SPUSTN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).