Index Trend Analysis Report
Prepared for you on Saturday, September 23, 2017.
PROSHARES SHORT VIX SHORT TERM FUT IV (PACF:SVXY.IV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SVXY.IV
The long term trend has been DOWN since Jul 17th, 2017 at 120.1805
The intermediate term trend has been UP since Sep 11th, 2017 at 81.2393
The short term trend has been UP since Sep 11th, 2017 at 78.9934
Smart Scan Analysis for SVXY.IV
Based on a pre-defined weighted trend formula for chart analysis, SVXY.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||93.5255||52wk High Date||2017-07-26|
|52wk Low||31.79715||52wk Low Date||2016-11-03|