Index Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
S&P 500 Quality (US Dollar) Net Total Return (CME:SPXQUN)
Bull Market Weakness (+75) - SPXQUN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPXQUN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPXQUN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXQUN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXQUN
The long-term trend has been UP since Jun 2nd, 2020 at 583.81
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 858.40
The short-term trend has been UP since Dec 7th, 2021 at 863.46
Smart Scan Analysis for SPXQUN
Based on our trend formula, SPXQUN is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).