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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
S&P 500 Quality, Value & Momentum Multi-factor Index (CME:SPXQVMUP)
Sidelines Mode (+55) - SPXQVMUP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPXQVMUP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXQVMUP.
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 SPXQVMUP
The long-term trend has been UP since Dec 12th, 2023 at 19497.96
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 23037.74
The short-term trend has been UP since Apr 24th, 2024 at 22764.61
Smart Scan Analysis for SPXQVMUP
Based on our trend formula, SPXQVMUP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 22396.48 | 22634.05 | 22301.71 | 22541.23 | -173.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 22714.24 | 0 | 2024-04-25 14:54:36 |