Index Trend Analysis Report
Prepared for you on Sunday, February 18, 2018.
IPATH S&P 500 VIX MID-TERM FUTURES ETN (PACF:VXZ.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 VXZ.IV
The long term trend has been UP since Feb 5th, 2018 at 20.9832
The intermediate term trend has been UP since Jan 29th, 2018 at 17.4101
The short term trend has been DOWN since Feb 15th, 2018 at 20.5236
Smart Scan Analysis for VXZ.IV
Based on a pre-defined weighted trend formula for chart analysis, VXZ.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||-126196.7296||52wk High Date||2017-02-24|
|52wk Low||16.3983||52wk Low Date||2018-01-16|