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Index Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

S&P 500 Quality (US Dollar) (CME:SPXQUP)

Weak Downtrend (-65) - SPXQUP is showing signs of a strengthening downtrend. Monitor SPXQUP as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPXQUP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPXQUP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPXQUP
Open High Low SPXQUP Price Change
2329.56 2346.65 2310.10 2310.49 -19.07
Entry Signal

MarketClub’s Trade Triangles for SPXQUP

long term up The long-term trend has been UP since Dec 12th, 2023 at 2107.27

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2366.40

short term down The short-term trend has been DOWN since May 1st, 2024 at 2328.84

Smart Scan Analysis for SPXQUP

Based on our trend formula, SPXQUP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPXQUP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2329.56 2346.65 2310.10 2310.49 -19.07
Prev. Close Volume Bid Ask Time
2329.56 0 2024-05-01 17:12:38
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