Index Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
S&P 500 VIX Futures Variable Long/Short Index TR - Short Term (CME:SPVXVST)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SPVXVST
The long term trend has been DOWN since May 13th, 2019 at 120.85
The intermediate term trend has been UP since Jul 1st, 2019 at 119.30
The short term trend has been DOWN since Jul 17th, 2019 at 120.92
Smart Scan Analysis for SPVXVST
Based on a pre-defined weighted trend formula for chart analysis, SPVXVST scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||321.72||52wk High Date||2018-02-05|
|52wk Low||100.33||52wk Low Date||2018-02-06|