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Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
S&P 500 VIX Futures 2-Month Index TR (CME:SPVIX2MT)
Countertrend Down (-85) - SPVIX2MT is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SPVIX2MT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVIX2MT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPVIX2MT
The long-term trend has been DOWN since Apr 29th, 2024 at 212.07
The intermediate-term trend has been DOWN since Apr 26th, 2024 at 214.17
The short-term trend has been UP since May 1st, 2024 at 220.57
Smart Scan Analysis for SPVIX2MT
Based on our trend formula, SPVIX2MT is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 199.64 | 199.64 | 199.24 | 199.24 | -0.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 199.64 | 0 | 2024-05-10 02:47:20 |
| 52wk High | 1516.89 | 52wk High Date | 2018-02-05 |
| 52wk Low | 733.92 | 52wk Low Date | 2018-01-16 |