Index Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
S&P 500 Quality, Value & Momentum Multi-factor Index (GBP) NTR (CME:SPXQVMGN)
Weak Downtrend (-65) - SPXQVMGN is showing signs of a strengthening downtrend. Monitor SPXQVMGN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SPXQVMGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXQVMGN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXQVMGN
The long-term trend has been UP since Mar 26th, 2021 at 27381.79
The intermediate-term trend has been DOWN since Sep 10th, 2021 at 30653.31
The short-term trend has been DOWN since Sep 20th, 2021 at 30397.94
Smart Scan Analysis for SPXQVMGN
Based on our trend formula, SPXQVMGN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).