Index Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
S&P 500 Quality (US Dollar) Gross Total Return (GIF:SPXQUT)
Strong Uptrend (+100) - SPXQUT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPXQUT 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 SPXQUT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPXQUT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPXQUT
The long-term trend has been UP since Jun 2nd, 2020 at 2320.85
The intermediate-term trend has been UP since Jul 6th, 2020 at 2355.09
The short-term trend has been UP since Aug 3rd, 2020 at 2427.39
Smart Scan Analysis for SPXQUT
Based on our trend formula, SPXQUT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).