Index Trend Analysis Report
Prepared for you on Saturday, October 19, 2019.
S&P 500 VIX Futures Variable Long/Short Index ER - Short Term (CME:SPVXVSP)
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 SPVXVSP
The long term trend has been DOWN since May 13th, 2019 at 103.97
The intermediate term trend has been DOWN since Oct 15th, 2019 at 87.00
The short term trend has been DOWN since Oct 15th, 2019 at 87.09
Smart Scan Analysis for SPVXVSP
Based on a pre-defined weighted trend formula for chart analysis, SPVXVSP scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||282.63000000||52wk High Date||2018-02-05|
|52wk Low||88.13000000||52wk Low Date||2018-02-06|