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Index Trend Analysis Report
Prepared for you on Wednesday, May 31, 2023.
S&P 500 VIX Futures 4-Month Index ER (CME:SPVIX4ME)
Long-Term Downtrend (-90) - SPVIX4ME is in a strong downtrend that is likely to continue. While SPVIX4ME is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPVIX4ME?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVIX4ME.
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 SPVIX4ME
The long-term trend has been DOWN since Nov 22nd, 2022 at 8722.46
The intermediate-term trend has been DOWN since May 15th, 2023 at 6835.40
The short-term trend has been DOWN since May 26th, 2023 at 6725.41
Smart Scan Analysis for SPVIX4ME
Based on our trend formula, SPVIX4ME is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 6584.66 | 6619.11 | 6532.42 | 6584.79 | +33.69 |
| Prev. Close | Volume | Bid | Ask | Time |
| 6551.10 | 0 | 2023-05-31 12:51:50 |
| 52wk High | 8765.65 | 52wk High Date | 2018-02-06 |
| 52wk Low | 5625.93 | 52wk Low Date | 2018-01-12 |