Index Trend Analysis Report
Prepared for you on Wednesday, January 16, 2019.
S&P 500 VIX FUTURES 3 MNTH IND ER (CME:SPVIX3ME)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SPVIX3ME
The long term trend has been UP since Oct 12th, 2018 at 4322.08
The intermediate term trend has been DOWN since Jan 14th, 2019 at 4704.43
The short term trend has been DOWN since Jan 4th, 2019 at 5046.93
Smart Scan Analysis for SPVIX3ME
Based on a pre-defined weighted trend formula for chart analysis, SPVIX3ME scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6710.72||52wk High Date||2018-02-05|
|52wk Low||3467.2||52wk Low Date||2018-01-12|