Index Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
S&P 500 VIX MID TERM INDEX (CME:SPVIXMTER)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SPVIXMTER
The long term trend has been UP since Dec 19th, 2018 at 11779.74
The intermediate term trend has been DOWN since Jan 14th, 2019 at 11117.06
The short term trend has been UP since Mar 19th, 2019 at 9424.35
Smart Scan Analysis for SPVIXMTER
Based on a pre-defined weighted trend formula for chart analysis, SPVIXMTER scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||12883.41||52wk High Date||2018-02-06|
|52wk Low||8781.83||52wk Low Date||2018-01-16|