Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
S&P 500 VIX FUTURES 6 MNTH IND ER (CME:SPVIX6ME)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 SPVIX6ME
The long term trend has been DOWN since Jun 5th, 2018 at 15383.62
The intermediate term trend has been DOWN since Jul 10th, 2018 at 14906.77
The short term trend has been UP since Jul 17th, 2018 at 14996.27
Smart Scan Analysis for SPVIX6ME
Based on a pre-defined weighted trend formula for chart analysis, SPVIX6ME scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||19605.98||52wk High Date||2018-02-05|
|52wk Low||14068.66||52wk Low Date||2018-01-16|