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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

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

Long-Term Downtrend (-90) - SPVXSPIT is in a strong downtrend that is likely to continue. While SPVXSPIT is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
164294.40 166941.58 163782.70 165160.68 -620.49
Entry Signal

MarketClub’s Trade Triangles for SPVXSPIT

long term down The long-term trend has been DOWN since Apr 18th, 2024 at 162052.28

intermediate term down The intermediate-term trend has been DOWN since Apr 12th, 2024 at 184260.53

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 187279.95

Smart Scan Analysis for SPVXSPIT

Based on our trend formula, SPVXSPIT is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SPVXSPIT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
164294.40 166941.58 163782.70 165160.68 -620.49
Prev. Close Volume Bid Ask Time
165781.17 0 2024-04-19 00:34:40
52wk High210689252wk High Date2017-12-19
52wk Low5974252wk Low Date2018-02-05
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