Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
S&P 500 VIX MID TERM INDEX (CME:SPVIXMTER)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 SPVIXMTER
The long term trend has been UP since Oct 11th, 2018 at 10536.5300
The intermediate term trend has been DOWN since Nov 8th, 2018 at 10018.2992
The short term trend has been DOWN since Nov 19th, 2018 at 10576.8656
Smart Scan Analysis for SPVIXMTER
Based on a pre-defined weighted trend formula for chart analysis, SPVIXMTER scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12883.41||52wk High Date||2018-02-06|
|52wk Low||8781.83||52wk Low Date||2018-01-16|