Index Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
S&P 500 VIX FUTURES TAIL RISK TRUST MIDTERM (CME:SPVXTRMT)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SPVXTRMT
The long term trend has been UP since Oct 5th, 2018 at 98.66
The intermediate term trend has been DOWN since Jan 6th, 2019 at 105.09
The short term trend has been DOWN since Jan 18th, 2019 at 101.90
Smart Scan Analysis for SPVXTRMT
Based on a pre-defined weighted trend formula for chart analysis, SPVXTRMT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||148.91||52wk High Date||2018-02-05|
|52wk Low||90.5||52wk Low Date||2018-02-26|