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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

S&P 500 Quality, Value & Momentum Multi-factor Index (GBP) (CME:SPXQVMGP)

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

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

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

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

CME_SPXQVMGP
Open High Low SPXQVMGP Price Change
29692.05 30291.57 29692.05 30141.16 +471.02
Entry Signal

MarketClub’s Trade Triangles for SPXQVMGP

long term up The long-term trend has been UP since Aug 1st, 2023 at 23855.81

intermediate term down The intermediate-term trend has been DOWN since Jul 11th, 2024 at 30141.20

short term down The short-term trend has been DOWN since Jul 19th, 2024 at 30128.82

Smart Scan Analysis for SPXQVMGP

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

-70
Smart Scan Analysis for SPXQVMGP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29692.05 30291.57 29692.05 30141.16 +471.02
Prev. Close Volume Bid Ask Time
29670.14 0 2024-07-26 16:19:56
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