Index Trend Analysis Report
Prepared for you on Sunday, August 20, 2017.
S&P 500 VIX SHORT TERM FUTURES INVERS TRUST (CME:SPVXSPIT)
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 SPVXSPIT
The long term trend has been DOWN since May 2nd, 2017 at -19287.6492
The intermediate term trend has been DOWN since Aug 9th, 2017 at -48891.5688
The short term trend has been DOWN since Aug 8th, 2017 at 19463.2112
Smart Scan Analysis for SPVXSPIT
Based on a pre-defined weighted trend formula for chart analysis, SPVXSPIT scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1456070||52wk High Date||2017-07-18|
|52wk Low||418111.8||52wk Low Date||2016-09-13|