Index Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
S&P 500 VIX Short Term Futures Inverse Daily Index ER (CME:SPVXSPI)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for SPVXSPI
The long term trend has been UP since Mar 14th, 2019 at 72751.09
The intermediate term trend has been UP since Jun 16th, 2019 at 71043.43
The short term trend has been DOWN since Jul 17th, 2019 at 83334.54
Smart Scan Analysis for SPVXSPI
Based on a pre-defined weighted trend formula for chart analysis, SPVXSPI scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1854232||52wk High Date||2017-12-19|
|52wk Low||48254.51||52wk Low Date||2018-02-13|