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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

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

Crossroads (+60) - SPVXMPIT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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
259772 260738 257260 258939 -833
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 up The intermediate-term trend has been UP since Apr 23rd, 2024 at 258184

short term up The short-term trend has been UP since Apr 22nd, 2024 at 248469

Smart Scan Analysis for SPVXMPIT

Based on our trend formula, SPVXMPIT is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for SPVXMPIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
259772 260738 257260 258939 -833
Prev. Close Volume Bid Ask Time
259772 0 2024-04-24 19:19:18
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