Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
S&P 500 VIX FUTURES 3 MNTH IND ER (PACF:SPVIX3ME)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SPVIX3ME
The long term trend has been DOWN since Apr 1st, 2016 at 13233.70
The intermediate term trend has been UP since Nov 14th, 2017 at 4516.61
The short term trend has been DOWN since Nov 17th, 2017 at 4408.54
Smart Scan Analysis for SPVIX3ME
Based on a pre-defined weighted trend formula for chart analysis, SPVIX3ME scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9865.26||52wk High Date||2016-12-01|
|52wk Low||4148.62||52wk Low Date||2017-11-01|