Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
S&P 500 Quality, Value & Momentum Multi-factor Index NTR (CME:SPXQVMUN)
Bull Market Weakness (+75) - SPXQVMUN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPXQVMUN as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SPXQVMUN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXQVMUN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXQVMUN
The long-term trend has been DOWN since Feb 27th, 2020 at 19837.74
The intermediate-term trend has been UP since Apr 6th, 2020 at 17003.93
The short-term trend has been UP since May 18th, 2020 at 18286.46
Smart Scan Analysis for SPXQVMUN
Based on our trend formula, SPXQVMUN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).