Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
IPATH SER B S&P 500 VIX SHOR IOPV (PACF:VXXB.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 VXXB.IV
The long term trend has been UP since Sep 5th, 2018 at 300703
The intermediate term trend has been DOWN since Nov 8th, 2018 at 319405
The short term trend has been DOWN since Nov 26th, 2018 at 379170
Smart Scan Analysis for VXXB.IV
Based on a pre-defined weighted trend formula for chart analysis, VXXB.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||654354||52wk High Date||2018-07-02|
|52wk Low||25.995||52wk Low Date||2018-07-02|