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Index Trend Analysis Report

Prepared for you on Saturday, August 20, 2022.

S&P 500 VIX Short Term Futures Inverse Daily Index TR (CME:SPVXSPIT)

Countertrend Up (+85) - SPVXSPIT is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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

CME_SPVXSPIT
Open High Low SPVXSPIT Price Change
56074.25 56074.25 52704.90 53777.12 -2412.90
Entry Signal

MarketClub’s Trade Triangles for SPVXSPIT

long term up The long-term trend has been UP since Aug 3rd, 2022 at 51435.87

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2022 at 43752.00

short term down The short-term trend has been DOWN since Aug 19th, 2022 at 54190.08

Smart Scan Analysis for SPVXSPIT

Based on our trend formula, SPVXSPIT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for SPVXSPIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
56074.25 56074.25 52704.90 53777.12 -2412.90
Prev. Close Volume Bid Ask Time
56190.02 0 2022-08-19 16:28:09
52wk High210689252wk High Date2017-12-19
52wk Low5974252wk Low Date2018-02-05
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