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Index Trend Analysis Report
Prepared for you on Friday, October 11, 2024.
S&P 500 Quality, Value & Momentum Multi-factor Index (GBP) (CME:SPXQVMGP)
Strong Uptrend (+100) - SPXQVMGP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPXQVMGP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for SPXQVMGP
The long-term trend has been UP since Aug 1st, 2023 at 23855.81
The intermediate-term trend has been UP since Oct 1st, 2024 at 30825.13
The short-term trend has been UP since Oct 1st, 2024 at 30726.64
Smart Scan Analysis for SPXQVMGP
Based on our trend formula, SPXQVMGP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 31645.84 | 31729.11 | 31574.01 | 31614.58 | -89.64 |
| Prev. Close | Volume | Bid | Ask | Time |
| 31647.28 | 0 | 2024-10-10 16:20:01 |