Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
S&P 500 VIX FUTURES 2 MONTH IND ER (CME:SPVIX2ME)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPVIX2ME
The long term trend has been UP since Feb 5th, 2018 at 886.13
The intermediate term trend has been UP since Jan 29th, 2018 at 695.71
The short term trend has been DOWN since Feb 11th, 2018 at 997.42
Smart Scan Analysis for SPVIX2ME
Based on a pre-defined weighted trend formula for chart analysis, SPVIX2ME scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1611.52||52wk High Date||2017-02-24|
|52wk Low||645.17||52wk Low Date||2018-01-16|