Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, May 3, 2024.

S&P 500 VIX Mid-Term Index Excess Return MCAP (CME:SPVIXMTER)

Countertrend Down (-85) - SPVIXMTER 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 SPVIXMTER?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPVIXMTER.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPVIXMTER
Open High Low SPVIXMTER Price Change
6539.81 6544.16 6426.06 6442.96 -96.85
Entry Signal

MarketClub’s Trade Triangles for SPVIXMTER

long term down The long-term trend has been DOWN since Apr 25th, 2024 at 6659.74

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 6751.02

short term up The short-term trend has been UP since May 1st, 2024 at 6713.55

Smart Scan Analysis for SPVIXMTER

Based on our trend formula, SPVIXMTER is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for SPVIXMTER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6539.81 6544.16 6426.06 6442.96 -96.85
Prev. Close Volume Bid Ask Time
6539.81 0 2024-05-03 12:39:05
52wk High12883.4152wk High Date2018-02-06
52wk Low8781.8352wk Low Date2018-01-16
Get a free daily analysis and signals for S&P 500 VIX Mid-Term Index Excess Return MCAP (SPVIXMTER) - Request Your Free Report.