Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
S&P 500 VIX Futures Variable Long/Short Index ER - Mid Term (CME:SPVXVMP)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SPVXVMP
The long term trend has been DOWN since Aug 5th, 2019 at 285.43
The intermediate term trend has been UP since Sep 11th, 2019 at 305.89
The short term trend has been UP since Sep 11th, 2019 at 304.08
Smart Scan Analysis for SPVXVMP
Based on a pre-defined weighted trend formula for chart analysis, SPVXVMP scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||544.52||52wk High Date||2017-12-19|
|52wk Low||258.74||52wk Low Date||2018-02-26|