Index Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
S&P 500 VIX Mid-Term Index MCAP (CME:SPVIXMT)
Sidelines Mode (-55) - SPVIXMT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPVIXMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVIXMT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPVIXMT
The long-term trend has been UP since Feb 1st, 2021 at 22562.18
The intermediate-term trend has been DOWN since Mar 1st, 2021 at 20873.50
The short-term trend has been UP since Mar 4th, 2021 at 21708.72
Smart Scan Analysis for SPVIXMT
Based on our trend formula, SPVIXMT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||14666.47||52wk High Date||2018-02-06|
|52wk Low||9989.59||52wk Low Date||2018-01-16|