Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
S&P 500 VIX Mid Term Futures Inverse Daily Index ER (CME:SPVXMPI)
Sidelines Mode (-55) - SPVXMPI 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 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.
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MarketClub’s Trade Triangles for SPVXMPI
The long-term trend has been DOWN since Apr 15th, 2024 at 182999
The intermediate-term trend has been DOWN since Mar 15th, 2024 at 187827
The short-term trend has been UP since Apr 22nd, 2024 at 191275
Smart Scan Analysis for SPVXMPI
Based on our trend formula, SPVXMPI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 198001 | 198317 | 197224 | 198001 | 0 |
| Prev. Close | Volume | Bid | Ask | Time |
| 198001 | 0 | 2024-04-23 05:52:43 |