Index Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
S&P 500 VIX FUTURES 4 MNTH IND ER (CME:SPVIX4ME)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 SPVIX4ME
The long term trend has been UP since Dec 19th, 2018 at 7999.37
The intermediate term trend has been DOWN since Jan 14th, 2019 at 7460.40
The short term trend has been UP since Jan 22nd, 2019 at 7256.79
Smart Scan Analysis for SPVIX4ME
Based on a pre-defined weighted trend formula for chart analysis, SPVIX4ME scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8765.65||52wk High Date||2018-02-06|
|52wk Low||5625.93||52wk Low Date||2018-01-12|