Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
S&P TSX 60 VIX (TSE:VIXC)
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 VIXC
The long term trend has been UP since Aug 15th, 2018 at 14.83
The intermediate term trend has been UP since Sep 5th, 2018 at 15.04
The short term trend has been DOWN since Oct 19th, 2018 at 16.75
Smart Scan Analysis for VIXC
Based on a pre-defined weighted trend formula for chart analysis, VIXC scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||22.11||52wk High Date||2018-02-09|
|52wk Low||6.48||52wk Low Date||2017-12-04|