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Index Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

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

Bull Market Weakness (+75) - SPVXSPIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPVXSPIT as it may be in the beginning stages of a reversal.

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
28492.31 28559.14 27250.84 27922.21 -717.58
Entry Signal

MarketClub’s Trade Triangles for SPVXSPIT

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 97426.26

intermediate term up The intermediate-term trend has been UP since Apr 14th, 2020 at 28325.33

short term up The short-term trend has been UP since May 26th, 2020 at 28389.98

Smart Scan Analysis for SPVXSPIT

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

+70
Smart Scan Analysis for SPVXSPIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28492.31 28559.14 27250.84 27922.21 -717.58
Prev. Close Volume Bid Ask Time
23221.46 0 2020-06-01 10:42:45
52wk High210689252wk High Date2017-12-19
52wk Low5974252wk Low Date2018-02-05
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