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Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

S&P 500 VIX Mid Term Futures Inverse Daily Index ER (CME:SPVXMPI)

Strong Uptrend (+100) - SPVXMPI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SPVXMPI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SPVXMPI?

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

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

CME_SPVXMPI
Open High Low SPVXMPI Price Change
221417 224858 221212 224330 +3001
Entry Signal

MarketClub’s Trade Triangles for SPVXMPI

long term up The long-term trend has been UP since Apr 26th, 2024 at 203766

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2024 at 198784

short term up The short-term trend has been UP since May 3rd, 2024 at 205221

Smart Scan Analysis for SPVXMPI

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

+100
Smart Scan Analysis for SPVXMPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
221417 224858 221212 224330 +3001
Prev. Close Volume Bid Ask Time
224296 0 2024-05-17 15:59:08
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