Index Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
S&P 500 VIX FUTURES 3 MNTH IND TRUST (CME:SPVIX3MT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 SPVIX3MT
The long term trend has been DOWN since Jun 5th, 2018 at 4535.57
The intermediate term trend has been DOWN since Apr 15th, 2018 at 5573.28
The short term trend has been UP since Jun 21st, 2018 at 4519.23
Smart Scan Analysis for SPVIX3MT
Based on a pre-defined weighted trend formula for chart analysis, SPVIX3MT scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7639.63||52wk High Date||2018-02-05|
|52wk Low||3943.48||52wk Low Date||2018-01-12|