Free Daily Analysis
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.
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MarketClub’s Trade Triangles for SPVXSPIT
The long-term trend has been UP since Aug 3rd, 2022 at 51435.87
The intermediate-term trend has been UP since Jul 7th, 2022 at 43752.00
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).
| 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 High | 2106892 | 52wk High Date | 2017-12-19 |
| 52wk Low | 59742 | 52wk Low Date | 2018-02-05 |