Index Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
S&P 500 VIX Short-Term Futures Inverse Daily Spread Adjusted Index ER (CME:SPVXSISP)
Bear Market Rally (-75) - SPVXSISP is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SPVXSISP as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SPVXSISP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVXSISP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPVXSISP
The long-term trend has been DOWN since Feb 24th, 2020 at 586.320
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 664.520
The short-term trend has been UP since Mar 23rd, 2020 at 130.771
Smart Scan Analysis for SPVXSISP
Based on our trend formula, SPVXSISP is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).