Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
PROSHARES VIX MT FUTURE IV (PACF:VIXM.IV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 VIXM.IV
The long term trend has been UP since Oct 11th, 2018 at 23.7126
The intermediate term trend has been UP since Oct 8th, 2018 at 21.6471
The short term trend has been DOWN since Oct 16th, 2018 at 22.7169
Smart Scan Analysis for VIXM.IV
Based on a pre-defined weighted trend formula for chart analysis, VIXM.IV scored +85 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|