Index Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
S&P Ultra 10-Year U.S. Treasury Note Futures Excess Return Index (CME:SPUSTNP)
Crossroads (+60) - SPUSTNP 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 SPUSTNP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPUSTNP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPUSTNP
The long-term trend has been DOWN since Mar 1st, 2023 at 91.337
The intermediate-term trend has been UP since Mar 13th, 2023 at 93.664
The short-term trend has been UP since Mar 24th, 2023 at 95.807
Smart Scan Analysis for SPUSTNP
Based on our trend formula, SPUSTNP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).