Index Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
S&P 500 VIX Futures 2-Month Index (ER) (GIF:SPVIX2ME)
Long-Term Downtrend (-90) - SPVIX2ME is in a strong downtrend that is likely to continue. While SPVIX2ME is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SPVIX2ME?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVIX2ME.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPVIX2ME
The long-term trend has been DOWN since Aug 11th, 2020 at 1177.27
The intermediate-term trend has been DOWN since Feb 24th, 2021 at 1159.88
The short-term trend has been DOWN since Mar 26th, 2021 at 964.14
Smart Scan Analysis for SPVIX2ME
Based on our trend formula, SPVIX2ME is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).