Index Trend Analysis Report
Prepared for you on Thursday, December 8, 2022.
S&P 500 Quality (US Dollar) Gross Total Return (CME:SPXQUT)
Crossroads (-60) - SPXQUT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPXQUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXQUT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXQUT
The long-term trend has been UP since Dec 1st, 2022 at 3173.05
The intermediate-term trend has been DOWN since Dec 6th, 2022 at 3037.55
The short-term trend has been DOWN since Dec 6th, 2022 at 3089.63
Smart Scan Analysis for SPXQUT
Based on our trend formula, SPXQUT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).