Index Trend Analysis Report
Prepared for you on Sunday, October 22, 2017.
S&P 500 VIX SHORT TERM FUTURES INVERS TRUST (CME:SPVXSPIT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 SPVXSPIT
The long term trend has been UP since Oct 11th, 2017 at 182635.4208
The intermediate term trend has been DOWN since Oct 13th, 2017 at -36583.0688
The short term trend has been DOWN since Oct 13th, 2017 at 124612.6912
Smart Scan Analysis for SPVXSPIT
Based on a pre-defined weighted trend formula for chart analysis, SPVXSPIT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1706670||52wk High Date||2017-10-18|
|52wk Low||451671.9||52wk Low Date||2016-11-03|