Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
S&P 500 VIX FUTURES VARIABLE LONG/SHORT TRUST (CME:SPVXVST)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 SPVXVST
The long term trend has been DOWN since Nov 7th, 2018 at 120.14
The intermediate term trend has been DOWN since Nov 7th, 2018 at 120.14
The short term trend has been UP since Dec 5th, 2018 at 118.40
Smart Scan Analysis for SPVXVST
Based on a pre-defined weighted trend formula for chart analysis, SPVXVST scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||321.72||52wk High Date||2018-02-05|
|52wk Low||100.33||52wk Low Date||2018-02-06|