Index Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
S&P 500 Quality, Value & Momentum Multi-factor Index (GBP) TR (CME:SPXQVMGT)
Countertrend Up (+85) - SPXQVMGT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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 Mar 26th, 2021 at 31703.96
The intermediate-term trend has been UP since Mar 15th, 2021 at 30758.87
The short-term trend has been DOWN since Apr 19th, 2021 at 32895.40
Smart Scan Analysis for SPXQVMGT
Based on our trend formula, SPXQVMGT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).