Index Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
S&P Quality Developed Ex US LargeMidCap Index (US Dollar) (CME:SPQDXUUP)
Countertrend Up (+85) - SPQDXUUP 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 SPQDXUUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPQDXUUP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPQDXUUP
The long-term trend has been UP since Dec 1st, 2023 at 246.73
The intermediate-term trend has been UP since Nov 9th, 2023 at 236.91
The short-term trend has been DOWN since Dec 7th, 2023 at 244.89
Smart Scan Analysis for SPQDXUUP
Based on our trend formula, SPQDXUUP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).