Index Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
S&P 500 VIX Futures Tail Risk Index TR - Mid Term (CME:SPVXTRMT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 SPVXTRMT
The long term trend has been UP since Jul 16th, 2019 at 109.17
The intermediate term trend has been UP since Aug 20th, 2019 at 104.00
The short term trend has been DOWN since Aug 23rd, 2019 at 101.57
Smart Scan Analysis for SPVXTRMT
Based on a pre-defined weighted trend formula for chart analysis, SPVXTRMT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||148.91||52wk High Date||2018-02-05|
|52wk Low||90.5||52wk Low Date||2018-02-26|