Index Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
S&P 500 VIX Futures 3-Month Index TR (CME:SPVIX3MT)
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 SPVIX3MT
The long term trend has been UP since Aug 5th, 2019 at 4962.74
The intermediate term trend has been DOWN since Oct 15th, 2019 at 4798.17
The short term trend has been DOWN since Oct 21st, 2019 at 4726.95
Smart Scan Analysis for SPVIX3MT
Based on a pre-defined weighted trend formula for chart analysis, SPVIX3MT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7639.63000000||52wk High Date||2018-02-05|
|52wk Low||3943.48000000||52wk Low Date||2018-01-12|