Index Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
S&P 500 VIX FUTURES 2 MONTH IND TRUST (CME:SPVIX2MT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Jun 6th, 2018 at 860.40
The intermediate term trend has been DOWN since Apr 16th, 2018 at 1088.43
The short term trend has been UP since Jun 19th, 2018 at 851.63
Smart Scan Analysis for SPVIX2MT
Based on a pre-defined weighted trend formula for chart analysis, SPVIX2MT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1516.89||52wk High Date||2018-02-05|
|52wk Low||733.92||52wk Low Date||2018-01-16|