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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

S&P 500 VIX Mid Term Futures Inverse Daily Index TR (CME:SPVXMPIT)

Long-Term Downtrend (-90) - SPVXMPIT is in a strong downtrend that is likely to continue. While SPVXMPIT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

CME_SPVXMPIT
Open High Low SPVXMPIT Price Change
238688 247489 237008 244767 +5385
Entry Signal

MarketClub’s Trade Triangles for SPVXMPIT

long term down The long-term trend has been DOWN since Apr 18th, 2024 at 234059

intermediate term down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 242531

short term down The short-term trend has been DOWN since Apr 18th, 2024 at 234728

Smart Scan Analysis for SPVXMPIT

Based on our trend formula, SPVXMPIT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPVXMPIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
238688 247489 237008 244767 +5385
Prev. Close Volume Bid Ask Time
239382 0 2024-04-19 16:38:21
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