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Index Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

S&P 500 VIX Short Term Futures Inverse Daily Index ER (CME:SPVXSPI)

Weak Downtrend (-65) - SPVXSPI is showing signs of a strengthening downtrend. Monitor SPVXSPI as it may be building momentum to the downside.

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

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

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

CME_SPVXSPI
Open High Low SPVXSPI Price Change
180002.15 180697.01 180002.15 180562.83 +57.51
Entry Signal

MarketClub’s Trade Triangles for SPVXSPI

long term up The long-term trend has been UP since May 7th, 2024 at 162601.14

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2024 at 172891.78

short term down The short-term trend has been DOWN since Jul 16th, 2024 at 192037.77

Smart Scan Analysis for SPVXSPI

Based on our trend formula, SPVXSPI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SPVXSPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
180002.15 180697.01 180002.15 180562.83 +57.51
Prev. Close Volume Bid Ask Time
180505.32 0 2024-07-23 01:20:01
52wk High185423252wk High Date2017-12-19
52wk Low48254.5152wk Low Date2018-02-13
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