Index Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
S&P 500 VIX FUTURES VARIABLE LONG/SHORT TRUST (CME:SPVXVMT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 SPVXVMT
The long term trend has been DOWN since Dec 24th, 2018 at 328.79
The intermediate term trend has been UP since Mar 14th, 2019 at 343.15
The short term trend has been DOWN since Mar 22nd, 2019 at 343.96
Smart Scan Analysis for SPVXVMT
Based on a pre-defined weighted trend formula for chart analysis, SPVXVMT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||618.66||52wk High Date||2017-12-19|
|52wk Low||295.47||52wk Low Date||2018-02-26|