Index Trend Analysis Report
Prepared for you on Thursday, July 20, 2017.
PROSHARES SHORT VIX SHORT TERM FUT IV (PACF:SVXY.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 SVXY.IV
The long term trend has been DOWN since Jul 17th, 2017 at 120.1805
The intermediate term trend has been DOWN since Jul 17th, 2017 at 142.1538
The short term trend has been DOWN since Jul 17th, 2017 at 163.5541
Smart Scan Analysis for SVXY.IV
Based on a pre-defined weighted trend formula for chart analysis, SVXY.IV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||90.4286||52wk High Date||2017-07-19|
|52wk Low||28.98185||52wk Low Date||2016-07-21|