Index Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
S&P 500 VIX FUTURES 2 MONTH IND TRUST (CME:SPVIX2MT)
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 SPVIX2MT
The long term trend has been UP since Feb 5th, 2018 at 1005.67
The intermediate term trend has been UP since Jan 29th, 2018 at 794.82
The short term trend has been DOWN since Mar 21st, 2018 at 1002.30
Smart Scan Analysis for SPVIX2MT
Based on a pre-defined weighted trend formula for chart analysis, SPVIX2MT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1636.58||52wk High Date||2017-03-24|
|52wk Low||733.92||52wk Low Date||2018-01-16|