Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
PROSHARES SHORT VIX SHORT TERM FUT IV (PACF:SVXY.IV)
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 SVXY.IV
The long term trend has been DOWN since Feb 5th, 2018 at 97.2785
The intermediate term trend has been UP since Apr 16th, 2018 at 11.9233
The short term trend has been DOWN since Apr 20th, 2018 at 12.1712
Smart Scan Analysis for SVXY.IV
Based on a pre-defined weighted trend formula for chart analysis, SVXY.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||139.5142||52wk High Date||2018-01-12|
|52wk Low||1.8944||52wk Low Date||2018-02-05|