Index Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
PROSHARES VIX ST FUTURE IV (PACF:VIXY.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 VIXY.IV
The long term trend has been DOWN since Jun 6th, 2018 at 27.5667
The intermediate term trend has been DOWN since Jul 16th, 2018 at 25.8085
The short term trend has been UP since Jul 20th, 2018 at 26.2433
Smart Scan Analysis for VIXY.IV
Based on a pre-defined weighted trend formula for chart analysis, VIXY.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||55.2809||52wk High Date||2018-02-05|
|52wk Low||21.2253||52wk Low Date||2018-01-12|