Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
S&P 500 VIX Short Term Futures Inverse Daily Index TR (CME:SPVXSPIT)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SPVXSPIT
The long term trend has been DOWN since Aug 5th, 2019 at 71434.78
The intermediate term trend has been UP since Sep 9th, 2019 at 82119.81
The short term trend has been UP since Aug 29th, 2019 at 72370.77
Smart Scan Analysis for SPVXSPIT
Based on a pre-defined weighted trend formula for chart analysis, SPVXSPIT scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2106892||52wk High Date||2017-12-19|
|52wk Low||59742||52wk Low Date||2018-02-05|