Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
S&P 500 VIX FUTURES 4 MNTH IND TRUST (PACF:SPVIX4MT)
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 SPVIX4MT
The long term trend has been DOWN since Jun 5th, 2018 at 7280.42
The intermediate term trend has been DOWN since Sep 13th, 2018 at 6844.17
The short term trend has been UP since Sep 24th, 2018 at 6935.92
Smart Scan Analysis for SPVIX4MT
Based on a pre-defined weighted trend formula for chart analysis, SPVIX4MT scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9979.04||52wk High Date||2018-02-06|
|52wk Low||6398.57||52wk Low Date||2018-01-12|