Index Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
QSI Index (CME:QSIUS)
Countertrend Up (+85) - QSIUS is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid QSIUS?
MarketClub looks at technical strength and momentum to determine if the timing is right for QSIUS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QSIUS
The long-term trend has been UP since Jul 29th, 2020 at 2293.38
The intermediate-term trend has been UP since Jul 14th, 2020 at 2210.15
The short-term trend has been UP since Jul 7th, 2020 at 2197.37
Smart Scan Analysis for QSIUS
Based on our trend formula, QSIUS is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2210.81||52wk High Date||2018-09-21|
|52wk Low||1932.06||52wk Low Date||2018-02-08|