Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
PROSHARES VIX MT FUTURE IV (PACF:VIXM.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 VIXM.IV
The long term trend has been DOWN since Jun 5th, 2018 at 21.9725
The intermediate term trend has been DOWN since Jul 13th, 2018 at 21.2016
The short term trend has been UP since Jul 18th, 2018 at 21.4959
Smart Scan Analysis for VIXM.IV
Based on a pre-defined weighted trend formula for chart analysis, VIXM.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||28.4498||52wk High Date||2018-02-05|
|52wk Low||19.8392||52wk Low Date||2018-01-12|