Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
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.
MarketClub’s Trade Triangles for SPXQUP
The long-term trend has been DOWN since Feb 27th, 2020 at 1373.37
The intermediate-term trend has been DOWN since Jan 31st, 2020 at 1452.00
The short-term trend has been DOWN since Apr 1st, 2020 at 1169.11
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).