Index Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
S&P 500 VIX Short Term Futures Inverse Daily Index TR (CME:SPVXSPIT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Mar 3rd, 2019 at 84443.04
The intermediate term trend has been UP since Jun 16th, 2019 at 83529.85
The short term trend has been DOWN since Jul 17th, 2019 at 98174.60
Smart Scan Analysis for SPVXSPIT
Based on a pre-defined weighted trend formula for chart analysis, SPVXSPIT scored +55 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|