Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
S&P 500 VIX Short Term Futures Inverse Daily Index TR (CME:SPVXSPIT)
Bull Market Weakness (+75) - SPVXSPIT is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPVXSPIT as it may be in the beginning stages of a reversal.
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 Feb 24th, 2020 at 97426.26
The intermediate-term trend has been UP since Apr 14th, 2020 at 28325.33
The short-term trend has been UP since May 26th, 2020 at 28389.98
Smart Scan Analysis for SPVXSPIT
Based on our trend formula, SPVXSPIT is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 28492.31 | 28559.14 | 27250.84 | 27922.21 | -717.58 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23221.46 | 0 | 2020-06-01 10:42:45 |
| 52wk High | 2106892 | 52wk High Date | 2017-12-19 |
| 52wk Low | 59742 | 52wk Low Date | 2018-02-05 |