Index Trend Analysis Report
Prepared for you on Wednesday, October 28, 2020.
S&P 500 Quality, Value & Momentum Multi-factor Index (GBP) Hedged (CME:SPXQVGHP)
Weak Downtrend (-65) - SPXQVGHP is showing signs of a strengthening downtrend. Monitor SPXQVGHP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPXQVGHP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXQVGHP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXQVGHP
The long-term trend has been UP since Jun 5th, 2020 at 4892.26
The intermediate-term trend has been DOWN since Oct 26th, 2020 at 5024.94
The short-term trend has been DOWN since Oct 15th, 2020 at 5177.40
Smart Scan Analysis for SPXQVGHP
Based on our trend formula, SPXQVGHP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).