Index Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
S&P 500 Quality, Value & Momentum Multi-factor Index (GBP) TR (CME:SPXQVMGT)
Long-Term Uptrend (+90) - SPXQVMGT is in a strong uptrend that is likely to continue. While SPXQVMGT is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid SPXQVMGT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXQVMGT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXQVMGT
The long-term trend has been UP since Jun 3rd, 2020 at 28565.65
The intermediate-term trend has been UP since Apr 7th, 2020 at 25850.07
The short-term trend has been UP since May 18th, 2020 at 27128.26
Smart Scan Analysis for SPXQVMGT
Based on our trend formula, SPXQVMGT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).