Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
S&P 500 VIX Futures Long/Short Switch Index ER (CME:SPVXLSP)
Countertrend Up (+85) - SPVXLSP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SPVXLSP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVXLSP.
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 SPVXLSP
The long-term trend has been UP since Mar 12th, 2020 at 614.60
The intermediate-term trend has been UP since Feb 19th, 2021 at 671.45
The short-term trend has been DOWN since Feb 25th, 2021 at 653.17
Smart Scan Analysis for SPVXLSP
Based on our trend formula, SPVXLSP is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 652.80 | 661.35 | 640.53 | 657.05 | +2.50 |
| Prev. Close | Volume | Bid | Ask | Time |
| 657.05 | 0 | 2021-02-26 16:25:01 |