Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
S&P 500 VIX Short Term Futures Inverse Daily Index TR (CME:SPVXSPIT)
Sidelines Mode (+55) - SPVXSPIT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for SPVXSPIT
The long-term trend has been DOWN since Aug 2nd, 2024 at 187583.11
The intermediate-term trend has been UP since Nov 5th, 2024 at 132394.03
The short-term trend has been DOWN since Dec 3rd, 2024 at 150687.62
Smart Scan Analysis for SPVXSPIT
Based on our trend formula, SPVXSPIT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 154710.66 | 155758.30 | 154468.90 | 155758.30 | +736.03 |
| Prev. Close | Volume | Bid | Ask | Time |
| 155022.27 | 0 | 2024-12-04 02:53:40 |
| 52wk High | 2106892 | 52wk High Date | 2017-12-19 |
| 52wk Low | 59742 | 52wk Low Date | 2018-02-05 |