Index Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
VELOCITY SHARES DAILY 2X VIX IOPV (NASDAQ:TVIX.IV)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 TVIX.IV
The long term trend has been DOWN since Jul 13th, 2017 at 19.28
The intermediate term trend has been DOWN since Sep 11th, 2017 at 15.39
The short term trend has been DOWN since Dec 4th, 2017 at 6.98
Smart Scan Analysis for TVIX.IV
Based on a pre-defined weighted trend formula for chart analysis, TVIX.IV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||47.34||52wk High Date||2017-04-13|
|52wk Low||3.71||52wk Low Date||2017-03-15|