Index Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
S&P 500 VIX FUTURES TAIL RISK TRUST MIDTERM (CME:SPVXTRMT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 DOWN since Feb 6th, 2019 at 97.51
The intermediate term trend has been UP since Mar 15th, 2019 at 98.86
The short term trend has been UP since Mar 7th, 2019 at 96.83
Smart Scan Analysis for SPVXTRMT
Based on a pre-defined weighted trend formula for chart analysis, SPVXTRMT scored +70 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|