Index Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
PROSHARES VIX ST FUTURE IV (PACF:VIXY.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 Nov 10th, 2016 at 100.7380
The intermediate term trend has been DOWN since Sep 11th, 2017 at 37.8894
The short term trend has been DOWN since Jan 22nd, 2018 at 21.7537
Smart Scan Analysis for VIXY.IV
Based on a pre-defined weighted trend formula for chart analysis, VIXY.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||70.526||52wk High Date||2017-01-23|
|52wk Low||21.2253||52wk Low Date||2018-01-12|