Index Trend Analysis Report
Prepared for you on Monday, October 21, 2019.
S&P 500 VIX Mid-Term Index MCAP (CME:SPVIXMT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SPVIXMT
The long term trend has been UP since Aug 5th, 2019 at 11913.44
The intermediate term trend has been DOWN since Oct 15th, 2019 at 11950.32
The short term trend has been DOWN since Oct 11th, 2019 at 12345.78
Smart Scan Analysis for SPVIXMT
Based on a pre-defined weighted trend formula for chart analysis, SPVIXMT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||14666.47000000||52wk High Date||2018-02-06|
|52wk Low||9989.59000000||52wk Low Date||2018-01-16|