Index Trend Analysis Report
Prepared for you on Monday, June 25, 2018.
S&P 500 VIX MID TERM INDEX (CME:SPVIXMTER)
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 SPVIXMTER
The long term trend has been DOWN since Jun 5th, 2018 at 9765.77
The intermediate term trend has been DOWN since Apr 16th, 2018 at 11352.17
The short term trend has been DOWN since Jun 22nd, 2018 at 9592.14
Smart Scan Analysis for SPVIXMTER
Based on a pre-defined weighted trend formula for chart analysis, SPVIXMTER scored -80 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|