Index Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
IPATH S&P 500 VIX SHORT TERM FUTURE INDEX (PACF:VXX.ID)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 VXX.ID
The long term trend has been DOWN since Mar 30th, 2016 at 1876.92
The intermediate term trend has been DOWN since Sep 11th, 2017 at 76.70
The short term trend has been UP since Jan 16th, 2018 at 45.45
Smart Scan Analysis for VXX.ID
Based on a pre-defined weighted trend formula for chart analysis, VXX.ID scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||145.43||52wk High Date||2017-01-19|
|52wk Low||43.12||52wk Low Date||2018-01-12|