Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
S&P 500 VIX SHORT TERM FUTURES INVERS TRUST (CME:SPVXSPIT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 SPVXSPIT
The long term trend has been UP since Dec 21st, 2017 at 197173.9312
The intermediate term trend has been UP since Apr 15th, 2018 at 73778.3400
The short term trend has been DOWN since May 23rd, 2018 at 91439.6000
Smart Scan Analysis for SPVXSPIT
Based on a pre-defined weighted trend formula for chart analysis, SPVXSPIT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2106892||52wk High Date||2017-12-19|
|52wk Low||59742||52wk Low Date||2018-02-05|